MH Virtue Property Eligibility Conditions
MH Virtue is made houses which is built to meet structure, architectural build, and effort overall performance criteria which can be more consistent with site-centered residential property.
certain structural and you may aesthetic have such as for example unique roof treatments (eaves and higher slope roofline), down character foundation, garages otherwise carports, porches, and you can dormers;
Fannie mae features preparations with producers out-of belongings designed to meet the requirements to possess MH Virtue according to particular framework criteria. This new arrangement allows brand new producers to utilize an MH Advantage Sticker to help you multiple-thickness are available house one meet the construction requirements. Apart from the lender standards detail by detail below, lenders won’t be necessary to on their own influence the property’s qualification having MH Virtue.
make sure the property meets the latest MH Virtue requirements by looking at appraisal images evidencing the clear presence of the new MH Advantage Sticker (placed in proximity into HUD Research Plate), and you can often the latest HUD Investigation Dish or even the HUD Degree Term(s) to have current design. (Both are you’ll need for the fresh design.)
the clear presence of a garage causing your house (or to the fresh garage otherwise carport, if an individual exists). New driveway need integrate blacktop, pavers, bricks, tangible, concrete, otherwise gravel (gravel have to have at least depth out of four in), and;
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