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FHA Fixed Rate with Jumbo Addendum

7150,7200,7202,7250,7252,7300,7302,JUM73 00,JUM7302 FHA Fixed Rate with Jumbo Addendum Page 1 of 26 For Correspondent Lenders Only FHA Fixed Rate with Jumbo Addendum General Description: FHA Fixed Rate principal and interest level payments for the life of the loan. Follow published FHA guidelines if item not addressed below. Lenders are responsible for complying with all applicable FHA/HUD regulations as further modified by the guidelines within this product description.

Loan level Certification: For projects with a current HUD approval number, the DE underwriter must verify the certification on page 3, section 3.f., and the following information provided by the HOA: o Owner-occupancy must be at 35%. o Single entity ownership: Projects with 20 or more units may not exceed 10%.

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