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RC_LP_U_309.2 Fannie Mae Guidelines for Manufactured Homes
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011099-WC-W
Quantity:
Delivery Options: N/A







Description of Product
Description:

This is a single-family/residential course.

Fannie Mae has sought to improve the opportunity for qualified buyers to obtain loans secured by manufactured homes. Fannie Mae has worked with industry partners to transform manufactured housing and ensure owners of manufactured homes enjoy benefits similiar to those enjoyed by owners of site-built homes. To support its manufactured housing goals, Fannie Mae continually analyzes industry trends to ensure policies are consistent with market realities. In addition, Fannie Mae has organized an advisory committee that serves as a forum through which industry issues can be discussed and resolved.

Fannie Mae Guidelines for Manufactured Homes reviews Fannie Mae's credit and collateral underwriting guidelines along with Desktop Underwriter criteria for manufactured home loans. The course begins with a discussion of property eligibility criteria. Next, it addresses equity requirements for loan secured by manufactured housing. It then presents underwriting considerations. The course goes on to address loan transaction requirements and data entry requirements for DU. Toward the end of the lesson, collateral review and appraisal report criteria are reviewed. The course ends with two case studies.

Topics:

  • Property Eligibility Criteria
  • Equity Requirements
  • Underwriting Considerations
  • Loan Transaction Requirements
  • Data Entry Requirements in Desktop Underwriter
  • Collateral Considerations
  • Case Studies

    Seat time approximately one (1) hour.

    Copyright 2015.

     
  •  
    Product Category:
    Self-Study Web-Based Courses 
     
    Notes:
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
     
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

     
     
    Contact E-mail:
    education@mba.org 
     
    Product:
    DL2-011099-WC-W 
     
    Title:
    RC_LP_U_309.2 Fannie Mae Guidelines for Manufactured Homes 
     
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