Determining if a Manufactured is Eligible for FHA Financing

For a manufactured home to be eligible under FHA, there are certain elements that the home must meet:

  1. Have a floor area of not less than 400 square feet
  2. Be constructed after June 15, 1976, in conformance with the Federal manufactured home construction and safety standards, as evidenced by an affixed certification label in accordance with 24 CFR Section 3280.8
  3. Be classified as real estate
  4. The mortgage must cover both the manufactured unit and its site and shall have a term of not more than 30 years from the date amortization begins
  5. Be built and remain on a permanent chassis
  6. Be designed to be used as a dwelling with a permanent foundation built to FHA criteria
  7. The finished grade elevation beneath the manufactured home or the grade beneath the basement shall be at or above the 100-year return frequency flood elevation
  8. The home must not have been installed or occupied previously at another site or location