Multifamily Building

FHA Mortgage Insurance For Mobile Home Parks: HUD Section 207

Section 207 insures mortgages to provide financing for mobile home parks. Section 207 increases the affordability and availability of the finance of mobile home parks. This program provides FHA loan insurance for HUD-approved lenders.

Eligible Uses

This program insures lenders against losses caused by mortgage defaults. Section 207 mortgage insurance can be used to finance the substantial rehabilitation of mobile home parks with five or more units.

Eligible Borrowers

Borrowers include commercial real estate investors, developers, builders, and others who fulfill the HUD requirements for mortgagors.

FHA Apartment Loans - HUD Multifamily Mortgages