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I just pulled out a FHA resource guide that was given to us at a continuing ed class here recently and one of the requirements is that it has at least 400 sq. ft. so a single wide would count. I'd be happy to e-mail you a copy if you need it.
"A Manufactured Home is a structure that is transportable in one or more sections. In traveling mode, the home is eight feet or more in width and forty feet or more in length. A Manufactured Home is designed and constructed to the Federal Manufactured Construction and Safety Standards and is so labeled. When erected on site, the home is:
• At least 400 square feet
• Built and remains on a permanent chassis
• Designed to be used as a dwelling with a permanent foundation built to FHA criteria
The structure must be designed for occupancy as a principal residence by a single family."
I too always thought single wides were ineligible but googled it and saw some lenders advertising for single wide FHA loans. Perhaps just one of those lender stips that were beat into our heads until we accepted it as a fact.
That's what I thought. But there is a mortgage broker on another forum stating that singlewides were not eligible. I asked if he was sure and said he was positive. He posted "No singlesides. Period."
Then the posted some doofus quote or paraphrase from somewhere (might not have been official) talking about 1-4's, this, that and "double-wides." The use of the word double-wide does not sound like HUDSpeak.
FHA has no problem with "single wides" as long as they meet the requirements for manufactured housing. However, the Investors have really tightened down on manufactured housing and most have ruled out single wides. I think the lender you are dealing with is getting the investors confused with FHA. However, even if FHA doesn't have a problem with single wides it makes no difference if the lender can't sell them.