MANUFACTURED Homeowner/Borrower Service

Part 6

Not a day goes by that we don't receive a call from a Lender, Real Estate Professional, Attorney, Homeowner, Buyer or Seller about how to go about financing a HUD MANUFACTURED HOME. Here are some very valuable and informative links that will help anyone seeking information on this subject. 

But remember this is a very arduous, time consuming and frustrating process. So if you're looking for a fast, knowledgeble, efficient and reliable way to navigate through this process deal with a professional company that has decades of experience in this field.

• For FHA/VA Loan Compliance
• For Engineer's Certification
• For Retrofit and Foundation Repairs for Loan Compliance
• For California: 433A Foundation and Title Issues
• For Titling Problems
• For Manufactured Home Appraisers
• For a Complete Service List
• To learn about Park Communities, HUD Approvals and Conversions to Resident Ownership
• To Advertise your manufactured home at no charge
• For Information about everything under the sun with respect to manufactured homes
• Seismic Retrofitting in California (Earthquake Resistant Bracing Systems)

On The Level and MH Processing LLC have been working directly with the manufactured home homeowner for over a quarter of a century, solving specialty under-structure and myriad MANUFACTURED HOME issues relative to repair, sales, title and loan transactions.

In today's sales and loan environment, we can work with you right from the beginning to determine if your home is eligible for certain types of financing.  Or if an insurance company has certain requirements for seismic or wind tie-down systems, we can provid those coverage requisites as well.

Most loans on manufactured homes are likely to have certain foundation or structural requirements.   Sometimes it is the site specific engineer's certification stating that the foundation meets HUD guidelines, and sometimes it is to verify that additions and modifications do not impact the structural integrity of the home.   If the home does not meet the foundation requirements, we can assist with the necessary repairs.

However if your home is a PARK MODEL (above) or  is a PRE HUD MOBILE HOME, (below) built before June 15, 1976, you can stop right there! It is impossible to get an FHA loan on a PARK MODEL  or a manufactured home built before that year, no matter how beautifully you have remodeled or upgraded the home.

NOTE: A PARK MODEL is not a Manufactured Home or a Modular Home. It is classified as a RECREATION VEHICLE (RV). By DEFINITION a PARK MODEL must be under 400 square feet.

For the California homeowner, most loans will require a 433A, a recorded document known as INSTALLATION OF A MANUFACTURED HOME ON A FOUNDATION. If a search shows that a 433A does not exist, the only alternative may be to have us to install one of the many state certified permanent foundations available in California.  

This process requires a permit from the local building department, as well as an inspection by a building inspector, their final approval and ultimately the recording of the document.

OnTheLevel is prepared to resolve almost any issue with reference to your manufactured home loan.