Today’s homeownership rate never fully recovered from the Great Recession, and the lack of affordable housing is the main culprit. In this presentation, Meyers Research Senior Managing Principal, Tim Sullivan, and Chief Economist, Ali Wolf, and Fannie Mae’s Product Development Manager Michael Dixon cover everything from the state of housing affordability, how COVID-19 has resulted in increased interest for single-family homes, the innovative MH Advantage ® financing program that pairs affordable conforming mortgage financing with specially designed manufactured homes, and so much more.
Meyers Research collaborated with Fannie Mae to produce this webinar. In the webinar, we shared the benefits of leveraging MH Advantage® qualifying homes to meet today’s housing demand.
MH Advantage home characteristics:
Specific architectural and aesthetic features include distinctive roof treatments (eaves and higher pitch roofline), lower profile foundation, garages or carports, porches, and dormers.
Construction elements including durability features, such as durable siding materials.
Energy efficiency standards (minimum energy ratings apply).
MH Advantage is an innovative financing solution to address the shortage in the affordable housing market. If you want to learn more about MH Advantage eligible homes and their dedicated financing, please contact Fannie Mae’s team today.
Fannie Mae supports lenders, builders, developers, and other industry stakeholders to help create housing opportunities for families across the country. Fannie Mae is driving positive changes in housing finance to make the home buying process easier while reducing costs and risks.