In order to determine the eligibility of the Manufactured Home transaction as real estate (Land/Home Transaction), the land and home must represent a single real estate transaction and financing must be evidenced by a recorded mortgage or deed of trust. Additionally, the mortgage amount cannot include financing of furniture, life, property or any other kind of insurance. The borrower must acknowledge that the unit be a fixture and a part of the real property securing the mortgage.

The type of real estate being either Fee Simple, such as on private property or in a Manufactured Home Subdivisions, Condos, Planned Unit Development or etc.; or a Ground Lease that conforms to standard Real Estate Guidelines.