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LendingRisk.com Mortage Industry Dictionary

Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.

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Modular Housing

A property type of "Modular Housing" indicates that the home is built in sections in a factory setting. Finished modules are then transported to the home site and placed on a pre-made foundation, joined, and completed by a builder. A modular home conforms to the building codes that are required at the specific location it will be delivered to.

See Mortgage Loan Property Types

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Terminology, definitions, terms, explanations, and documents for business professionals in the mortgage lending and mortgage risk management industries.