Manufactured Housing

Resources for borrowers who own Manufactured Housing Community sites and associated common amenities and infrastructure.

About Manufactured Housing

Fannie Mae has been the leading source of liquidity for Manufactured Housing Community (MHC) transactions with staff dedicated to the product since 2000. With unparalleled experience, flexible financing, competitive pricing, and fast execution, Fannie Mae is the partner you can trust when it comes to MHC.

  • Manufactured Housing Term Sheet

    Find out the terms, benefits, and eligibility for financing

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  • Manufactured Housing Competitive Advantage

    Learn about our Manufactured Housing product

    Download (PDF)
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Manufactured Housing Mission Definition

To align with the Duty to Serve (DTS) regulation and to ensure continued support for underserved markets, a Mortgage Loan secured by Manufactured Housing Community (MHC) must meet one of the following three criteria to receive mission treatment:

Tenant Site Lease Protections

  • The MHC agrees to adopts the Tenant Site Lease Protections (TSLPs) per the Fannie Mae product requirements (subject to affordability % per the Multifamily Affordability Estimator).
  • Learn more about our TSLP pricing incentive here.

Non-Traditional Ownership

  • The MHC is owned by a Non-Profit/Government entity or by Residents under a Cooperative regime.
  • Learn more about our Non-Traditional Ownership pricing incentive here.

Rural Census Tract

  • The MHC is located in a DTS-designated rural area and affordable to residents at or below 100 percent of Area Median Income (AMI).  Complete the Multifamily Affordability Estimator to determine eligibility.
  • Download the MHC Multifamily Affordability Estimator (MAE).

Additional Products

Need a Lender?

Contact a Manufactured Housing Lender

Our lenders play a critical role in making safe, decent, affordable housing possible for working families across the country.

Learn More

For more information contact the MHC Financing Team:

Michael Keeney, Senior Director, Credit Underwriting: [email protected]
William Stoker, Lead Associate, Duty to Serve: [email protected]

Michael Keeney

Michael Keeney

Multifamily Underwriting - Senior Director

Contact Michael Keeney :


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