Manufactured Home Classified as Real Estate

To be eligible for a VA loan term of 30 years, a manufactured home must be

·   classified and taxed as real property

·   properly affixed to a permanent foundation (Section 12.10)

·   substantially conform with VA MPRs (Chapter 12), and

·   conform with applicable building code and zoning requirements for real estate.

 Reference:

·   Section 10.10, Construction Exhibits,

·   Section 11.12, Other Property Types and Situations,

·   Section 13.06, notice of Value Conditions and Requirements, and

·   Section 14.04, Manufactured Homes Classified as Real Estate.

Other Manufactured Homes

Modular homes are eligible, provided they are covered by a HUD structural engineering bulletin, or constructed to the standards of the State in which the factory is located and receive that State’s approval certification.  They are delivered to the building site in sections, but are not attached to a chassis supported by wheels.  For homes processed as “proposed or under construction.  (Reference: See “Modular Construction” in Section 10.10)

For traditional manufactured homes (not classified as real estate and attached to a chassis which is supported by wheels), Reference: See Title 38 CFR 36.4200 series.

[38 CFR 36.4200]