this was posted in an older thread & decided a new thread would work best….
Re:Finding A Qualified MH Buyer or Cash Investor – NEW
« Reply #2 on: Thu. Dec 08, 2005, 03:12 PM »
“………In Texas, if you cut off the tounge, tack it to perminant piers, skirt around the wole home and grade the dirt away from the home it can qualify for an FHA loan………”
RealEst8Austin.com
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a question I have not been able to find an answer to is what the requirements are for an FHA loan on manufactured homes. In the past I was ALWAYS told FHA & VA had to be on a stem wall… I have also been told the home must not be a repo &/or moved from its original location.
now I’m hearing folks say this is no longer so
so far 2 realtors, banks & google have not given me a straight answer.
also, aren’t the FHA requirements the same in all states?
TIA
Candy