HUD Handbook 4000.1 IV.D.2.f: Damage to Manufactured Home While in Possession of the Lender

Document
HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date
Version in Zeitro Strata
Where
page 1703 of 1872

Page 1703

f. Damage to Manufactured Home While in Possession of the Lender (05/09/2022)

If the Manufactured Home is damaged while in the possession of the Lender, the Lender must document the nature of the damage and seek repair through their hazard insurance coverage. If the Manufactured Home is without hazard insurance, the appraisal should reflect value as if there were no damage.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.