Tag: MH Advantage

Fannie Mae Appraiser Update – Dated March 2019

Written By: Lloyd Rutherford, Staff Writer Evaluating the collateral on a property is a major part of the mortgage approval process.  Fannie Mae is putting out great information on this topic to help educate you further. Rule Synopsis: Fannie Mae publishes a quarterly Appraiser Update in a newsletter format that contains some very useful information. […]

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Fannie Mae Appraiser Update – Dated December 2018

Written By: Lloyd Rutherford, Staff Writer If you are thinking about expanding your practice to Modular Home lending, pay attention to this update!  If you’re not, it might be time! Rule Synopsis: Fannie Mae publishes an Appraiser Update in a newsletter format and contains some very useful information. We will cover some of these topics: […]

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Fannie Mae Selling Guide Announcement SEL-2018-08 – Dated September 2, 2018-Effective Immediately [NEW Chart – Using Employment-Related Assets for Income]

Written By: Lloyd Rutherford, Staff Writer Fannie Mae continues to make the originator’s life easier by helping more borrowers that “make sense” qualify for home loans.  Read through this update to see the new changes and tips on getting the word out to your clients. Rule Synopsis: Fannie Mae is updating their selling guide for […]

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Manufactured Homes with Higher-Pitched Rooflines, Attached Carports, Dormers and More?  Yep!  Fannie Mae’s new MH Advantage program works with builders to accomplish this.  Let’s talk, as this may be a good option for a great new home!

Written By: Lloyd Rutherford, Staff Writer We are loving that Fannie Mae is now publishing appraiser updates as there are always a lot of questions about appraisals and collateral.  Read our expert’s interpretation of what you need to know to stay up to date! Rule Synopsis: Fannie Mae publishes their second Appraiser Update in their newsletter […]

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Fannie Mae – MH Advantage Program – What are builders allowed under the new Fannie Mae MH Advantage Program? NEW MTP-MH Advantage Approved Builder List

Answer: Here is the link from Fannie Mae that houses their approved participant list. MH Advantage-Participating Manufacturers List Supporting Resource: Mortgage Talking Points™ – Fannie Mae – MH Advantage Builder List Social Media Post; Exciting News!  Fannie Mae has a new Manufactured Home Financing program and I have the list of their Participating Builders who […]

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