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13.10 LOAN RESTRICTIONS
The Agency will not guarantee loans to finance the following:
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x The purchase of a unit without an eligible site.
x The purchase of an existing unit that was not constructed in conformance with the
Federal Manufactured Home Construction and Safety Standards (FMHCSS) as evidenced by an affixed HUD Certification label and HUD Data Plate
x The existing unit was not installed on a permanent foundation complying with
manufacturer and HUD installation standards.
x Furniture, including movable articles of personal property such as drapes, beds,
bedding, chairs, sofas, divans, lamps, tables, televisions, radios, stereo sets, and other similar items of personal property. Furniture does not include wall-to-wall carpeting, refrigerators, ovens, ranges, washing machines, clothes dryers, heating or cooling equipment, or other similar equipment.
x Additions and modifications on new or existing units are prohibited except for
porches, decks, or other structures built to engineered designs and inspected and approved by a local building code official.
x Purchase of a unit to be moved from a site other than the manufacturer/dealer lot
to the site securing the mortgage loan.
x Existing manufactured home units with a manufacture date exceeding 20 years
from the date of loan closing unless the unit and site are already financed with a Section 502 loan.
x A unit with a tow hitch or running gear remaining.