Valley Vista Village Prefered Lender

 Fannie Mae MH Advantage eligible homes are built in factories, which speeds up the construction process. Building in a factory means manufacturers can use the latest technology, keep costs down, reduce waste, and avoid weather delays. This faster process means quicker production schedules, more accurate budgeting, and less on-site materials compared to site-built homes. The design of MH Advantage-eligible homes puts the homebuyer first. These homes feature steep-pitch roofs and low-profile foundations, making them fit seamlessly into traditional neighborhoods. Homebuyers can also customize these energy-efficient homes with popular features like porches and garages. Inside, you’ll find modern amenities like open floor plans and kitchens and bathrooms with solid or veneered wooden cabinetry.    

CHOICEHome® is our innovative, affordable mortgage initiative, offering conventional site-built financing for real-property factory-built homes, that are built to the HUD Code and have the features of a site-built home. When a factory-built home meets certain prescribed specifications, it is granted CHOICEHome certification and is eligible for CHOICEHome financing. CHOICEHome mortgages secured by manufactured homes help you take advantage of additional options and flexibilities to finance factory-built housing and bring more borrowers to the table. You also have the benefit of site-built underwriting and collateral flexibilities and expanded lending opportunities to borrowers with moderate-incomes.