Transcription of FHA Single Family Housing Policy Handbook TABLE OF ...
1 FHA Single Family Housing Policy Handbook TABLE of Contents Handbook Title I Sections i This is a DRAFT document for posting on the Drafting TABLE to collect industry feedback. The document will undergo Departmental Clearance again prior to final publication. See cover page of document for more info. FHA Single Family Housing Policy Handbook 1 TABLE OF CONTENTS 2 BUSINESS WITH FHA .. 13 LENDERS AND MORTGAGEES .. 14 Types of Program Approvals .. I .. 16 Types of Approved Application and Eligibility Requirements for Approval.
2 Branch Offices .. Supplemental Mortgagee Authorities .. II Direct Endorsement Authority .. 211 II Single Family Lender Insurance Authority .. 212 I Manufactured Housing Loan Direct Endorsement Authority .. 213 PARTICIPANTS .. 914 Appraisers .. Estate Appraisers .. 916 Appraisers (for Title I Loans) .. 917 203(k) Consultants .. Direct Endorsement Underwriters .. Nonprofits and Governmental Entities .. Real Estate Brokers .. Closing Agents .. Title I Property Improvement Dealers .. Title I Manufactured Home Dealers.
3 THROUGH POST-CLOSING/ENDORSEMENT ..1425 II INSURED Housing PROGRAMS FORWARD MORTGAGES .. 1426 II INSURED Housing PROGRAMS REVERSE MORTGAGES .. 1427 PROJECT APPROVALS .. 1428 AND PROPERTY REQUIREMENTS FOR TITLE II FORWARD AND 29 REVERSE MORTGAGES .. 1430 I INSURED PROGRAMS .. 1431 Dealer and Direct Loan Process for Property Improvement Loan Program .. Process Options: Direct and Dealer Loans .. 1433 Approval and Monitoring .. 1534 Property Improvement Loan Program .. 2136 Loan Parameters .. 4837 5038 the Borrower.
4 5639 FHA Single Family Housing Policy Handbook TABLE of Contents Handbook Title I Sections ii This is a DRAFT document for posting on the Drafting TABLE to collect industry feedback. The document will undergo Departmental Clearance again prior to final publication. See cover page of document for more info. and Disbursement .. 1151 and 1212 and Products - Refinance .. 1293 Dealer and Direct Loan Process for Manufactured Home Loan Program .. Process Options: Dealer and Direct Lenders .. 1345 Approval and Monitoring.
5 1356 Manufactured Home Loan Program .. 1408 Loan Parameters .. 1639 17010 the Borrower .. 17911 Reviews by HUD .. 24812 .. 25013 and Endorsement .. 25814 and Products .. 26615 AND PROPERTY REQUIREMENTS FOR TITLE I .. 27916 Appraiser Qualifications .. Appraiser Commencement of the Analysis and Reporting Requirements .. Valuation Development Chattel .. 28122 Analysis .. 28123 Valuation Development Borrower-Owned Land .. 28125 .. 28126 Analysis and Reporting .. 28227 Reporting Requirements.
6 28329 .. 28330 Appraisal Exhibits and Photos .. HUD Certification .. 28433 .. 28434 Analysis and Reporting .. 28535 Data Plate .. 28537 .. 28538 Analysis and Reporting .. 28539 AND LOSS MITIGATION ..28640 II INSURED Housing PROGRAMS FORWARD MORTGAGES .. 28641 II INSURED Housing PROGRAMS REVERSE MORTGAGES .. 28642 I INSURED PROGRAMS .. 28643 FHA Single Family Housing Policy Handbook TABLE of Contents Handbook Title I Sections iii This is a DRAFT document for posting on the Drafting TABLE to collect industry feedback.
7 The document will undergo Departmental Clearance again prior to final publication. See cover page of document for more info. Title I Property Improvement Loan Program .. in Compliance with Law .. 2862 Loan Servicer Requirements .. 2873 .. 2964 of a Current Loan .. 2975 Default and Loss Mitigation .. 2976 or Substitution of Security .. 3017 Title I Manufactured Home Loan Program .. in Compliance with Law .. 3049 Servicer Requirements .. 30510 .. 31411 of a Current Loan .. 31612 Default and Loss Mitigation.
8 31613 of Manufactured Home Lot Loans and Combination Loans .. 32014 AND DISPOSITION ..32215 II CLAIMS .. 32216 II DISPOSITION .. 32217 I CLAIMS .. 32218 Title I Claims for Property Improvement .. Filing Deadline .. 32220 Documentation .. 32221 of Insurance Claim Payment .. 32522 Filing Supplies .. 32623 and Notification of Payment .. 32724 Claim .. 32725 Title I Premium Billing .. 32826 Claim .. 32827 of Insurance Claims .. 32928 Claims .. 33029 .. 33130 or Repurchasing a Claim.
9 33131 Responsibilities Pending Insurance Claim Payment .. 33232 Title I Claims for Manufactured Homes .. Requirements .. 33334 Claim Filing Deadline .. 33335 HUD-637, Title I Claim for Loss .. 33436 Documentation .. 33437 of Insurance Claim Payment .. 33638 Balance as of Default Date .. 33639 Interest .. 33740 and Preservation Cost .. 33741 Commission .. 33742 Price Obtainable .. 33843 due to Borrower .. 33844 FHA Single Family Housing Policy Handbook TABLE of Contents Handbook Title I Sections iv This is a DRAFT document for posting on the Drafting TABLE to collect industry feedback.
10 The document will undergo Departmental Clearance again prior to final publication. See cover page of document for more info. 3381 the Insurance Claim .. 3392 and Notification of Payment .. 3393 Claim .. 3404 Title I Premium Billing .. 3405 Claim .. 3406 of Insurance Claims .. 3417 Claims .. 3438 .. 3439 or Repurchasing a Claim .. 34410 I 34411 Property Disposition for Property Improvement Loans .. Option to Proceed Against the Security .. 34413 by Other Lien Holder .. 34514 Note .. 34515 Property Disposition of Manufactured Homes.
