Modular Housing | Fannie Mae Multifamily Guide

Guide Update 26-17

: Modular Housing

Effective: 07/01/26

Print/Download Summary

Associated Documents:

Modular Housing (Redline).pdf

Future Clean Version - Effective 2026-07-01.pdf

Summary of Changes:

Primary Audience: Underwriting

HIGHLIGHTS
Effective for all Mortgage Loans registered in DUS Gateway as of July 1, 2026, updated the Eligible Properties criteria in Part II, Chapter 1: Attributes and Characteristics to: remove a Mortgage Loan secured by a Property with Modular Housing as ineligible for purchase; and add a new Section 102: Modular Housing.

HIGHLIGHTS

Effective for all Mortgage Loans registered in DUS Gateway as of July 1, 2026, updated the Eligible Properties criteria in Part II, Chapter 1: Attributes and Characteristics to:

remove a Mortgage Loan secured by a Property with Modular Housing as ineligible for purchase; and
add a new Section 102: Modular Housing.

Primary Changes

Updated the Eligible Properties criteria in Part II, Chapter 1: Attributes and Characteristics to:

remove a Mortgage Loan secured by a Property with Modular Housing as ineligible for purchase; and
add a new Section 102: Modular Housing, providing underwriting requirements for a Property with Modular Housing.

Questions

Please contact Jarrodd Davis at (202) 752-0849, or [email protected], with any questions.