Examples of FHA Mortgage in a sentence
For guidance with this section and doing business with FHA, follow applicable published FHA handbooks, mortgagee letters, or announcements.4.1 | Correspondent EligibilityTo be eligible to sell FHA Mortgage Loans to CBC Mortgage Agency, the correspondent must meet the specific eligibility requirements determined by FHA authority.
With respect to the FHA Loans, the FHA Mortgage Insurance Contract is in full force and effect and there exists no impairment to full recovery without indemnity to the Department of Housing and Urban Development or the FHA under FHA Mortgage Insurance.
With respect to the FHA Loans, the FHA Mortgage Insurance Contract is or eligible to be in full force and effect and there exists no impairment to full recovery without indemnity to the Department of Housing and Urban Development or the FHA under FHA Mortgage Insurance.
The new FHA Mortgage Loan can include the outstanding principal balance (from the payoff statement) plus odd day’s interest, minus the applicable refund of the UFMIP, plus the new UFMIP, up to a maximum amount of 97.75% of the original appraised value.
Total Loan AmountTotal Loan Amount of the FHA Mortgage is the mortgage amount including the amount of any financed UFMIP.