Paulashomeloans

09/02/2026

🏠 A manufactured home was moved. Does that automatically mean it can’t qualify for a Conventional loan?

For years, the answer was generally yes. If a manufactured home had previously been occupied or installed at another location, Freddie Mac considered it ineligible.

That is changing.

Beginning November 2, 2026, Freddie Mac is expanding its guidelines to potentially allow financing for certain previously moved manufactured homes.

The home will still need to satisfy specific requirements, including:

An acceptable inspection by a qualified licensed professional
Confirmation that the home remains structurally sound
Compliance with the wind, roof-load and thermal-zone requirements for its current location
A permanent foundation and all other applicable manufactured-home requirements
Approval by the lender and Freddie Mac’s underwriting system

This does not mean every relocated manufactured home will qualify. Individual lenders may also have additional restrictions. But it does mean that a previous move may no longer be an automatic deal-breaker.

If you are buying or refinancing a manufactured home—or were previously told the home couldn’t qualify because it had been moved—let’s take another look before assuming there are no options.

Guideline effective date: November 2, 2026.

Paula Bonnafant
Branch Manager/Loan Advisor
NMLS #858645 | Branch NMLS #2507487
Powered by Edge Home Finance LLC

Call now to connect with business.

09/02/2026

Your down payment and your cash to close are not necessarily the same amount.

Your total cash to close may include:

• Your down payment
• Lender and third-party closing costs
• Prepaid homeowners insurance and property taxes
• Funds needed to establish an escrow account

Earnest money already paid, seller or lender credits and other adjustments may reduce the final amount you need to bring.

Your Loan Estimate provides an early estimate, and your Closing Disclosure shows the final details before closing. Because every purchase and loan program is different, review the numbers with your loan advisor before making plans to move your funds.

Did you know there was a difference between the down payment and cash to close?

Paula Bonnafant
Branch Manager/Loan Advisor
NMLS #858645 | Branch NMLS #2507487
Powered by Edge Home Finance LLC
Company NMLS #891464

09/02/2026

Yes, family members may be able to help with your down payment or closing costs through gift funds.

However, the money cannot simply appear in your account without explanation. Depending on the loan program, the lender may need to verify:

• Who provided the gift
• Their relationship to you
• Where the money came from
• How it was transferred
• That repayment is not expected

A gift letter and documentation of the transfer may also be required. The rules vary by loan program, so it is best to discuss the gift with your loan advisor before moving any money.

Are gift funds part of your homebuying plan?

Paula Bonnafant
Branch Manager/Loan Advisor
NMLS #858645 | Branch NMLS #2507487
Powered by Edge Home Finance LLC
Company NMLS #891464

09/02/2026

For those who have lived in Florida for a while, what is something new residents usually have to learn the hard way?

Maybe it’s how quickly an afternoon storm can appear, how much traffic changes during season, which roads flood, why you should never skip the sunscreen or where the truly good local spots are.

What is one thing you wish someone had told you before you moved to Florida?

09/02/2026

09/01/2026

What mortgage or refinance questions do you wish you knew the answer to?

Paula Bonnafant
Branch Manager | Edge Home Finance, LLC
NMLS #858645 | Company NMLS #891464
Licensed in FL, NC, GA, VA, TN, IN, CT, MO, MA, OH, MN, TX & PA
239-689-1331
[email protected]

08/31/2026

Your mortgage payment is more than principal and interest—especially when buying in Florida.

Property taxes, homeowners insurance, possible flood insurance, mortgage insurance and HOA or condominium fees can all affect your estimated monthly payment and purchasing power. Because these expenses vary by property, it is important to evaluate the complete payment before making an offer.

Explore more Florida relocation mortgage questions:

https://paulashomes.com/

Paula Bonnafant
Branch Manager/Mortgage Advisor
NMLS #858645 | Branch NMLS #2507487
Edge Home Finance LLC | NMLS #891464
Equal Housing Opportunity

Educational information only—not a commitment to lend. Actual costs, program availability and qualification requirements vary.

08/30/2026

Can equity in your current home help you purchase in Florida?

Potentially. Depending on your circumstances, options could include a HELOC, home equity loan or cash-out refinance. The costs, repayment terms and effect on your current mortgage should be carefully compared before choosing a strategy.

Read the complete answer:

https://paulashomes.com/

Paula Bonnafant
Branch Manager/Mortgage Advisor
NMLS #858645 | Branch NMLS #2507487
Edge Home Finance LLC | NMLS #891464
Equal Housing Opportunity

Educational information only—not a commitment to lend. Program availability and qualification requirements vary.

08/30/2026

Can you qualify for a mortgage while changing jobs or relocating to Florida?

In some situations, yes. The answer depends on your employment type, how you are paid, when the new position begins and the loan program being considered. An accepted employment offer may be used under certain guidelines, but the details should be reviewed before making an offer on a home.

Read the complete answer:

https://paulashomes.com/

Paula Bonnafant
Branch Manager/Mortgage Advisor
NMLS #858645 | Branch NMLS #2507487
Edge Home Finance LLC | NMLS #891464
Equal Housing Opportunity

Educational information only—not a commitment to lend. Program availability and qualification requirements vary.