Fannie Mae MH Advantage®
Help prospective homebuyers to get the design features they want at a price they can afford.
Homeownership option that offers affordable conventional financing for Manufactured
Housing (MH) with features similar to site-built home, including:
Roof treatments distinct from traditional manufactured homes, including eaves and higher pitch rooflines
Lower profile foundations, garages or carports, porches, and/or dormers
Interiors that feature drywall, as well as kitchens and bathrooms with upgraded cabinets
Construction elements, including durability features like durable siding materials
Energy efficiency standards (minimum energy ratings apply)
Benefits to borrower:
Higher loan-to-value (LTV) ratios of up to 97% (3% cash required from borrower).
Reduced Mortgage Insurance coverage for fixed-rate term ≤ 20 years
August Roussel
NMLS 1096593
LOAN OFFICER
D: (512) 375-4160
august@glorymortgage.com
angelai.com/partner/augustroussel
292 Housefinch Loop
Leander, TX 78641
Branch NMLS 2123511
MH Advantage® is a registered trademark of Fannie Mae.
Our products and services have no affiliation with or endorsement from any government agency or body.On a Conventional 30-Year fixed rate purchase with loan amount $218,250.00 (at 97% LTV with 3% cash required from borrower), at an interest rate 3.25% with $0 discount points (Annual Percentage Rate - 3.8254%), you will be required to make 360 equal monthly payment of $949.84 (which
includes principal and interest only, so your actual payment, including taxes, insurance, and other property charges, will be higher).
On a Conventional 30-year fixed rate purchase with loan amount $218,250 (at 97% LTV with 3% cash required from borrower), at an interest rate
3.25% with $0 discount points (Annual Percentage Rate - 3.825%), you will be required to make 360 equal monthly payment of $949.84 (which
includes principal and interest only, so your actual payments, including taxes, insurance, and other property charges, will be higher).
Branch NMLS XXXXXXXXXX
For Texas residents only. August Roussel is licensed in TX. All products are subject to credit and property approval. Program terms and conditions are subject to change without prior notice. Other restrictions and limitations apply. The content here does not substitute for professional legal, securities, tax, or accounting advice. Glory Mortgage LLC (NMLS ID 2123511) in Texas as a Residential Mortgage Loan Originator holds a Mortgage Company License, licensed by the Texas Department of Savings and Mortgage Lending, Phone: (877) 276 5550. For licensing information, go to: www.nmlsconsumeraccess.org. In all jurisdictions, the principal (Main) licensed location of Glory Mortgage LLC is 292 Housefinch Loop, Leander, TX 78641 Phone: (512) 375-4160.
Turn this page over for a sample MH Advantage® sticker and a list of manufacturers participating in the MH Advantage® program.
The Manufacturer will affix a MH Advantage® sticker to homes that
meet its eligibility criteria, for easy identification.
List of manufacturers participating in the MH Advantage® Program:
American Homes of Brewerton
American Homes of Dryden
American Homes of Weedsport
American Homestar of Lancaster, LLC
Cavalier Home Builders, LLC
Cavco Industries, Inc.
Champion Home Builders, Inc.
Champion Modular, Inc.
Chariot Eagle
Clayton Homes, Inc.
CMH Hodgeville, Inc.
CMH Manufacturing West, Inc.
Commodore Homes
Deer Valley
Destiny Industries
Eagle River Homes, LLC
Fairmont Homes
Fleetwood Homes
Franklin Homes, LLC
Hallmark Southwest
Homette Corporation
Hudson Valley Homes
Kabco Builders, Inc.
Kit Custom Home Builders
Lexington Homes
Manufactured Housing Enterprises, Inc.
Oak Creek Homes, LLC
Pine Grove Homes
Platinum Homes, LLC
ScotBilt Homes, Inc.
Skyline Champion Corporation
Skyline Homes, Inc.
Southern Energy Homes, Inc.
Sunshine Homes, Inc.
TCC Clarion Limited Partnership
Please visit https://singlefamily.fanniemae.com/originating-underwriting/mortgage-products/manufactured-housing-financing/
participating-manufacturers for an up-to-date list of manufacturers participating in the Fannie Mae MH Advantage® program.
Sun West is not affiliated with any of the manufacturers and encourages you to shop for a home that suits you.