Refinancing- physical property requirements?

[Lynn Harrison]

We got a verbal OK for a HM loan, will probley do the paperwork within a few weeks. Then look for a good deal.

My question is about refinancing when able to do so- about 6 months after a purchase. Are income producing NOOs subject to the same physical property rules as conventional first loans?

For instance here they will generally not finance post and pier foundation houses, and manufactured housing can be problematic. If a property is rented out and generating income and only 55% of purchase price is HM financed...... does that make a difference? I am guessing 6% interest on refinancing, so perhaps that rate has better leeway. ??? We are in California.