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Section B. Maximum Mortgage Amounts on No …
HUD 3, Section B3-B-1 Section B. Maximum Mortgage Amounts on No CashOut/Cash Out Refinance TransactionsOverviewIn This SectionThis Section contains the topics listed in the table NameSee Page1No Cash Out Refinance Transactions With anAppraisal3-B-22 Cash Out Refinance Transactions3-B-8 HUD 3, Section B3-B-21. No Cash Out Refinance Transactions With an AppraisalIntroductionThis topic contains information on no cash out refinance transactions with anappraisal, including the Maximum Mortgage calculation calculating the existing debt subordinate liens refinancing to buy out ex-spouse or coborrower equity Mortgage calculation for a property acquired less than one year before loanapplication, and short DateMarch 24, Maximum Mortgage for a no cash out refinance with an appraisal (creditqualifying) is thelesserof the Loan-To-Value (LTV) factor applied to the appraised value of theproperty, or existing total FHA first Mortgage is limited to 100% of the appraised value,includingany financed upfront Mortgage insurance premium (UFMIP).
HUD 4155.1 Chapter 3, Section B 3-B-1 Section B. Maximum Mortgage Amounts on No Cash Out/Cash Out Refinance Transactions Overview In This Section This section contains the topics listed in the table below.
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