Fha loan approved homes
[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
https://info.5y1.org/fha-loan-approved-homes_1_9793e4.html
Oct 01, 2009 · ALL APPROVED MORTGAGE SERVICERS. ALL FHA ROSTER APPRAISERS. ... Insurance under the NFIP must be obtained as a condition of closing and maintained for the life of the loan for an existing property when any portion of the residential improvements is determined to be located in a SFHA. If the improvements are subsequently removed from a SFHA by a ...
[DOCX File]1. Minimum Property Requirement Procedures
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b. Legal, Non-Conforming Use. If the property does not comply with current zoning ordinances, but is accepted by the local authority, the appraiser must describe the property as “Legal Non-Conforming” and comment on the property’s marketability and any adverse effect this classification may have on value.
[DOC File]Product Type
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FHA Borrower’s Acknowledgement (HUD 92700-A) FHA Subsidy Approval Checklist (Exh 02-400) FHA Condo Questionnaire if condo. FHA 203k (not for Streamline K) - Initial Draw Request and Rehabilitation Inspection Form or FHA 203(k) Draw Request - HUD 9746-A. Specification of Repairs and all required architectural exhibits.
[DOC File]HUD | HUD.gov / U.S. Department of Housing and Urban ...
https://info.5y1.org/fha-loan-approved-homes_1_83d0ef.html
Loss Mitigation – Priority Order FHA-HAMP can only be utilized if the mortgagor(s) does not qualify for current loss mitigation home retention options (FHA Special Forbearance, Loan Modification and Partial Claim) under existing guidelines (ML 2008-21, 2003-19, 2002-17, 2000-05).
[DOC File]MANUFACTURED HOME CHECKLIST
https://info.5y1.org/fha-loan-approved-homes_1_c6a97c.html
All of the following items MUST be satisfied prior to loan funding: Built after June 15, 1976. A manufactured home must be built after June 15, 1976, and bear an affixed "HUD tag" on each section to be eligible for FHA Insurance. The appraiser should verify the location and wording on the tag(s).
[DOCX File]FHA 4 Eight FHA Mortgage Loan Programs
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It is a refinance from an existing FHA loan to another FHA loan, mainly to take advantage of lower interest rates. Borrowers cannot receive more than $500 in cash back. Since the borrower and property are already FHA approved, there is usually less work involved in processing this type of refinance.
[DOC File]FHA 203K Rehabilitation
https://info.5y1.org/fha-loan-approved-homes_1_3ee1a9.html
The loan amount (excluding the UFMIP) will exceed $417,000, and. The LTV (excluding the UFMIP) is equal to or greater than 95%, and. The property is determined as being in a declining market. The second appraisal must be completed by an FHA approved appraiser, selected by …
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