FHA requires an engineer's certificate in all purchase-money loans to certify that the home has a foundation that meets its guidelines. This is required because until January 1st of 2009, AZ's building code for manufactured home foundations was not as stringint as HUD/FHA code. So, buyers simply obtained conventional loans instead of FHA and avoided the extra expense of the "HUD foundation" when a home was installed.
Fast forward to today. Lots of buyers do not have the credit needed for a conventional loan, but are fine going FHA. So, FHA is back. And for buyers and sellers, there is a simple/less expensive path to follow so that a most manufactured homes can be marketed FHA, and sold to an FHA buyer. This improves the marketability of the home.
For more details, Call the Expert.....Eric North