December 14, 2022

Announcement SEL-2022-10 – Selling Guide Updates

The December Selling Guide update:

  • helps to provide equitable and sustainable access to housing by expanding manufactured home eligibility, simplifying use of HomeStyle® Energy loans, and updating valuation options for certain deed-restricted properties
  • promotes safe and responsible lending by updating: property, flood, and project insurance requirements, and requirements for maintaining seller and servicer approval status
  • simplifies documentation requirements for use of business assets; clarifies certain requirements related to grants and borrower contribution requirements, and temporary leave income; and includes several miscellaneous updates