Conventional Financing/FannieMae/FreddieMac

Industry pros offer their experience in manufactured housing to help first time buyers to make informed decisions with confidence and peace of mind.
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Ellie Mae
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Joined: Sat Jun 29, 2019 3:51 am

Conventional Financing/FannieMae/FreddieMac

Post by Ellie Mae » Sat Jun 29, 2019 4:01 am

Both Fannie Mae and Freddie Mac have programs whereby they will buy manufactured home loans when the MH meets certain critera. Fannie Mae's is called MH Advantage. Freddie Mac's is called CHOICEHome. In my area, there are Clayton dealers. I do not see any info on Clayton's websites regarding these programs. Can anyone offer insight into these programs and why I do not see them being promoted on MH websites?
Thanks in advance.

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