For Manufactured and Mobile Home Chattel (Personal Property – Home Only or In-Park) financing, a permanent foundation is not required. This allows borrowers to site their Manufactured and/or Mobile Homes on private property as well as in a Manufactured and/or Mobile Home parks/communities. For Manufactured Home Real Estate (Real Property – On Land) financing, a permanent foundation is required for FHA, Conforming, and VA loans. This allows borrowers to use the Manufactured Home and the land the Manufactured Home is placed as collateral for the financing.