FHA TOTAL Mortgage Scorecard User Guide

housing AND URBAN DEVELOPMENT FHA TOTAL Mortgage Scorecard user Guide 12/29/2011 FHA TOTAL Mortgage Scorecard user Guide December 29, 2011 Page 2 TABLE OF CONTENTS INTRODUCTION Chapter Overview 4 Use of the TOTAL Scorecard user Guide CHAPTER 1 LOAN SUBMISSION REQUIREMENTS 6 Lenders Responsibility for Accuracy of Data Entry Data Entry Requirements to Identify a Sponsored Origination/Third Party Origination Basic Information on FHA Standards and Definitions Property and Program Eligibility Loan Purpose FHA Insurance Product 7 Property Types Plan Type Loan Application Information and Definitions Type of Mortgage and Terms of Loan/Section I of the URLA Property

FHA TOTAL Mortgage Scorecard User Guide December 29, 2011 Page 4 INTRODUCTION This User Guide is to assist lenders using the Federal Housing Administration’s (FHA) Technology Open To Approved Lenders (TOTAL). TOTAL works in conjunction with various automated underwriting systems (AUS). TOTAL evaluates the overall creditworthiness of the

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  Administration, Federal, Scorecard, Guide, User, User guide, Total, Housing, Mortgage, Federal housing administration, Fha total mortgage scorecard user guide

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