Freddie Mac Single-Family Seller/Servicer Guide 5703.3 — Property eligibility and occupancy requirements for Mortgages secured by Manufactured Homes
Freddie Mac Single-Family Seller/Servicer Guide section 5703.3 — Property eligibility and occupancy requirements for Mortgages secured by Manufactured Homes. Full verbatim section text, substring-verified against snapshot 5869ee9e606cd4ae.
Verbatim regulatory text
Verbatim provisions from Freddie Mac Single-Family Seller/Servicer Guide 5703.3 — Property eligibility and occupancy requirements for Mortgages secured by Manufactured Homes — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Freddie Mac Single-Family Seller/Servicer Guide 5703.3 — Property eligibility and occupancy requirements for Mortgages secured by Manufactured Homes
This section contains requirements related to: ■ Property eligibility ■ Occupancy (a) Property eligibility (i) General requirements For a Mortgage secured by a Manufactured Home to be eligible for sale to Freddie Mac, the Manufactured Home must be: ■ Classified as real property under applicable State law, including relevant statutes, regulations and judicial decisions ■ A 1-unit dwelling comprised of a single section or multiple sections ■ Permanently affixed to a permanent foundation in compliance with HUD codes A Manufactured Home may be located: ■ On an individual lot ■ In a Condominium Project; or ■ In a Planned Unit Development (PUD) (ii) Special requirements for a single-wide Manufactured Home in a Condominium Project If a Mortgage is secured by a single-wide Manufactured Home in a Condominium Project, the project eligibility must be determined through a reciprocal review, and the requirements in Section 5701.9 must be met. (iii) Land ownership The land on which the Manufactured Home is situated must be owned by the Borrower in fee simple, except as stated below: ■ Mortgages secured by Manufactured Homes located in a Condominium Project are eligible for sale to Freddie Mac if the Condominium Project complies with the project eligibility requirements in either Section 5701.5 for Established Condominium Projects or Section 5701.9 for reciprocal project reviews ■ Mortgages secured by Manufactured Homes located on leasehold estates that meet the requirements in Chapter 5706 are eligible for sale to Freddie Mac with prior written approval (b) Occupancy Requirements for Mortgages secured by a Manufactured Home are as follows: ■ For Mortgages secured by a multiwide Manufactured Home, the Mortgaged Premises must be either: ❑ A Primary Residence; or ❑ A second home ■ For Mortgages secured by a single-wide Manufactured Home, the Mortgaged Premises must be a Primary Residence
Operationalizing Freddie Mac Single-Family Seller/Servicer Guide 5703.3 — Property eligibility and occupancy requirements for Mortgages secured by Manufactured Homes
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/fhlmc-5703-3/
· register fhlmc-5703-3 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.