Manufactured Housing Test 2025/2026 | Complete Study Guide & Practice Questions with
Verified Answers
Which of the following is considered a mobile home?
a) Factory-built homes constructed before June 15, 1976
b) Homes that are built according to HUD Code
c) Homes that are titled as real estate
d) Homes with the RED CERTIFICATION LABEL - correct answer(a) Factory-built
homes constructed before June 15, 1976
How are modular homes constructed?
a) In accordance with the HUD Code
b) In a factory to state and local building codes
c) Fully constructed on-site like any other traditional home being built
d) Only the foundation is constructed in a factory; the home is constructed on site -
correct answer(b) In a factory to state and local building codes
What is the purpose of the RED CERTIFICATION LABEL on manufactured homes?
a) It indicates compliance with the HUD Code
b) It allows homeowners to reconstruct their homes after a fire
c) It certifies the home as real property under city ordinances
d) It signifies mortgage financing has been approved by the Lender - correct answer(a)
It indicates compliance with the HUD Code
What is a chattel loan?
a) A loan secured by the land and the manufactured home
b) A Retailer Loan secured only by the manufactured home
c) A loan provided by a mortgage originator for financing a manufactured home
d) A loan provided by a mortgage originator for financing modular homes - correct
answer(b) A Retailer Loan secured only by the manufactured home
Which of the following statements about MH communities is true
a) All Manufactured Home lots in MH Communities are individually taxed or titled as real
property.
b) Leased-Lot Communities typically have a lower fees and costs on each resident's lot
compared to Resident-Owned Communities
c) Resident-Owned Communities are always owned and operated by a for-profit
corporate landlord
, d) The first step in residents converting their Leased-Lot community into a Resident-
Owned Community is by purchasing the Leased-Lot community from their landlord -
correct answer(d) The first step in residents converting their Leased-Lot community into
an Resident Owned Community is by purchasing the Leased-Lot community from their
landlord
In determining eligibility for financing, the manufactured home appraisal and
underwriting process might look carefully at each of the following, except
a) The presence (or absence) of access roads to the home
b) The Manufacturer of the Kitchen Appliances
c) The manufacturer certifications regarding factory construction standards
d) Comparable properties that are similar in construction to the subject property -
correct answer*b) The Manufacturer of the Kitchen Appliances
The best party a prospective homebuyer should use to purchase a previously owned
Manufactured Home to determine that it would be eligible for traditional mortgage
financing is
a) Replevin Attorney
b) Closing Agent
c) Real Estate Agent
d) Insurance Agent - correct answerReal Estate Agent
Which of the following is not an installation service or construction step a prospective
purchaser of a brand-new manufactured home should investigate with the retailer prior
to purchase?
a) How much will it cost to transport the home to my real property site?
b) Who will build the foundation for the home, and ensure it will sit level?
c) Will the community restrict residents to only those of my religion?
d) Who will connect my manufactured home to the public utilities? - correct answer*c)
Will the community restrict residents to only those of my religion?
The manufacturer warranty on a Manufactured Home covers all of the following items,
except
a) Defects in the Structure for a period of time
b) Defects in the factory installed Plumbing and Heating for a period of time c) Accidents
during transport to my real property site
d) Malfunctioning electrical systems and appliances once connected to the area's power
source - correct answer*c) Accidents during transport to my real property site
Which of the following is a type of Land Property Interest that would most likely permit a
Traditional Mortgage loan to be secured on a Manufactured Home?
a) Owning stock in the company that owns the Leased-lot Community
Verified Answers
Which of the following is considered a mobile home?
a) Factory-built homes constructed before June 15, 1976
b) Homes that are built according to HUD Code
c) Homes that are titled as real estate
d) Homes with the RED CERTIFICATION LABEL - correct answer(a) Factory-built
homes constructed before June 15, 1976
How are modular homes constructed?
a) In accordance with the HUD Code
b) In a factory to state and local building codes
c) Fully constructed on-site like any other traditional home being built
d) Only the foundation is constructed in a factory; the home is constructed on site -
correct answer(b) In a factory to state and local building codes
What is the purpose of the RED CERTIFICATION LABEL on manufactured homes?
a) It indicates compliance with the HUD Code
b) It allows homeowners to reconstruct their homes after a fire
c) It certifies the home as real property under city ordinances
d) It signifies mortgage financing has been approved by the Lender - correct answer(a)
It indicates compliance with the HUD Code
What is a chattel loan?
a) A loan secured by the land and the manufactured home
b) A Retailer Loan secured only by the manufactured home
c) A loan provided by a mortgage originator for financing a manufactured home
d) A loan provided by a mortgage originator for financing modular homes - correct
answer(b) A Retailer Loan secured only by the manufactured home
Which of the following statements about MH communities is true
a) All Manufactured Home lots in MH Communities are individually taxed or titled as real
property.
b) Leased-Lot Communities typically have a lower fees and costs on each resident's lot
compared to Resident-Owned Communities
c) Resident-Owned Communities are always owned and operated by a for-profit
corporate landlord
, d) The first step in residents converting their Leased-Lot community into a Resident-
Owned Community is by purchasing the Leased-Lot community from their landlord -
correct answer(d) The first step in residents converting their Leased-Lot community into
an Resident Owned Community is by purchasing the Leased-Lot community from their
landlord
In determining eligibility for financing, the manufactured home appraisal and
underwriting process might look carefully at each of the following, except
a) The presence (or absence) of access roads to the home
b) The Manufacturer of the Kitchen Appliances
c) The manufacturer certifications regarding factory construction standards
d) Comparable properties that are similar in construction to the subject property -
correct answer*b) The Manufacturer of the Kitchen Appliances
The best party a prospective homebuyer should use to purchase a previously owned
Manufactured Home to determine that it would be eligible for traditional mortgage
financing is
a) Replevin Attorney
b) Closing Agent
c) Real Estate Agent
d) Insurance Agent - correct answerReal Estate Agent
Which of the following is not an installation service or construction step a prospective
purchaser of a brand-new manufactured home should investigate with the retailer prior
to purchase?
a) How much will it cost to transport the home to my real property site?
b) Who will build the foundation for the home, and ensure it will sit level?
c) Will the community restrict residents to only those of my religion?
d) Who will connect my manufactured home to the public utilities? - correct answer*c)
Will the community restrict residents to only those of my religion?
The manufacturer warranty on a Manufactured Home covers all of the following items,
except
a) Defects in the Structure for a period of time
b) Defects in the factory installed Plumbing and Heating for a period of time c) Accidents
during transport to my real property site
d) Malfunctioning electrical systems and appliances once connected to the area's power
source - correct answer*c) Accidents during transport to my real property site
Which of the following is a type of Land Property Interest that would most likely permit a
Traditional Mortgage loan to be secured on a Manufactured Home?
a) Owning stock in the company that owns the Leased-lot Community
