To be insurable under the NFIP, a mobile home:
- Must be affixed to a permanent foundation. A permanent foundation for a manufactured (mobile)home may be poured masonry slab or foundation walls, or may be piers or block supports, either of which support the mobile home so that no weight is supported by the wheels and axles of the mobile home.
- Must be anchored if located in a special flood hazard area (SFHA). For flood insurance coverage, all new policies and subsequent renewals of those policies must be based upon the specific anchoring requirements identified below.
If the mobile home is not anchored and is located in a SFHA, then you must require it to be anchored and obtain flood insurance, otherwise you cannot make the loan. See 339.3.
First published on BankersOnline.com 6/22/09