Manufactured Housing Loans
Reminder: US Bank made the following changes to loans secured with manufactured homes:
Minimum credit score of 680
Maximum DTI is 45%
NO Manual Underwrites Allowed
Please note these changes affect all loans reserved September 2, 2019 or later.
Manual Underwriting
Effective immediately: US Bank has changed the manual underwriting guidelines for new loan reservations on both Conventional and Government loan products.
FHA, USDA & VA
HFA Advantage - No manual underwriting for HFA Advantage
HFA Preferred - Fannie Mae HFA Preferred ONLY
Manual underwriting is not allowed on 2-4 unit properties
Nia Girma
702-486-5946
Josie Hatem
702-486-5983
Lastly, thanks for being you. (We just couldn’t pass up the opportunity to tell you how much we appreciate you.)
Please click here to see program guidelines