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#2260059 - 09/22/21 03:43 PM Manufactured Home Community
jel99 Offline
Junior Member
Joined: Sep 2021
Posts: 27
I have a loan secured by a small manufactured home community of 5 pads total, does this relate to a multifamily dwelling?

If yes, will manufactured home property type and interest be Not Applicable?


Thanks

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#2260065 - 09/22/21 04:15 PM Re: Manufactured Home Community jel99
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,951
Bloomington, IN
Page 14 of the GIR

A dwelling is not limited to a structure that has four or fewer units. It also includes a
multifamily dwelling, which is a dwelling that includes five or more individual dwelling
units. A multifamily dwelling includes a manufactured home community.

Also see page 29
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The opinions expressed are mine and they are not to be taken as legal advice.

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