Notification to the user that processing was successful, unsuccessful, or successful
with a warning. If there is an error, a corresponding Error(s)
Detected field appears in the Details
section near the bottom of the page.
General Information
Case
Number Assigned on
Date the mortgage was assigned an FHA case number.
-or-
Date Placed on Hold
Date the case was placed on hold for further
processing. Note: The Date Placed on Hold field
is only displayed when viewing the case via Holds
Tracking.
FHA
Case Number
Unique 10-digit identifier
assigned to the mortgage by the Federal Housing Administration (FHA).
The first two positions identify the state in which the property is located,
the third position identifies the HUD Field Office territory in which the
property is located, the next six positions identify the serial number,
and the final position is the check digit. (Note: This field is not displayed if the case number request is placed on hold
and has not been processed by the HOC -- Holds Tracking).
Field Office
HUD field office territory in which the property is located.
Lender Case Ref
Identifier assigned to the case by the lender, such as a loan number.
Is this a Sponsored Originator Case?
Indicator specifying whether the mortgage originator is a mortgage banker or broker was established as a sponsored originator by an FHA-approved lender.
Originator ID
Ten-digit FHA ID of the FHA-approved lender that originated the mortgage or FHA-approved lender (principal)
that designated another FHA-approved lender to serve as its agent in originating
the mortgage. The lender's name, city, state, zip code and Nationwide Mortgage Licensing System (NMLS) ID appear below the Originator ID.
-or-
Sponsored Originator EIN
Nine-digit Employer Identification Number (EIN) of the mortgage banker or broker that originated the mortgage and was established as a sponsored originator by an FHA-approved lender. The name and NMLS ID of the mortgage banker or broker appear below the Sponsored Originator EIN.
Sponsor/Agent ID
FHA's unique 10-digit identifier for the FHA-approved lender acting as a sponsor
or agent for the mortgage originator. The lender's name, city, state, zip code and NMLS ID appear below the Sponsor/Agent ID.
Loan Officer Name
Name of the loan officer for the mortgage originator, including First Name, MI (middle initial), Last Name, and Suffix (Jr, II, etc.).
Loan Officer NMLS ID
Nationwide Mortgage Licensing System (NMLS) identifier of the loan officer for the mortgage originator.
Date of Application (HECM only)
Date the borrower signed the loan application (Fannie Mae Form 1009) for a Home Equity Conversion Mortgage (HECM). Note: Not applicable to a forward mortgage.
Case Type
FHA classification of the case, including:
Regular HUD:Case is processed by HUD and, except for a
streamline refinance, requires an appraisal and issuance of a Conditional
Commitment or Rejection Notice. (Obsolete)
Irregular HUD: Primarily,
a case processed in part by lender or HUD's Real Estate Owned (REO) Branch.
The property has already been appraised (except for a 203k or REO case).
A Home Equity Conversion Mortgage (HECM) classified as an Irregular HUD
case type is processed entirely by HUD. Used for REO, military, and HECM
properties. (Obsolete)
HUD VA/CRV: Case
has a Certificate of Reasonable Value and an appraisal by an FHA-approved
appraiser. It has been underwritten by the Department of Veterans Affairs. (Obsolete)
DE VA/CRV: Direct
endorsement case processed by the lender and having a Certificate of Reasonable
Value. The Department of Veterans Affairs has done the appraisal review
and mortgage credit analysis is to be done by the lender.
Regular DE: Direct
endorsement case primarily processed by the lender. Lender performs all
or part of the property appraisal, if required, and the borrower evaluation.
Construction Code
Building status, including:
Proposed Construction: Property where no concrete or permanent material has been placed. (Digging of footing is not considered permanent.)
Substantial Rehabilitation: Property is being repaired and mortgage is being insured under Section 203(k). (Not applicable to a HECM case.)
Under Construction: Construction period from the first placement of permanent material to 100 percent completion with no Certificate of Occupancy (or equivalent).
Existing Construction: Property where construction is 100 percent complete and the building is habitable.
Notes:
•
The FHA treats an occupied property that has been completed less than one year from the issuance of the Certificate of Occupancy (or equivalent) as an existing property.
•
For Manufactured Housing, Existing Construction refers to a manufactured home that has been permanently installed on a site for one year or more prior to the Case Number Assignment date.
New Construction (Less than 1 Year): Property that is 100 percent complete and was completed less than one year from the date of the issuance of the Certificate of Occupancy (or equivalent). The property was never occupied.
Note: For Manufactured Housing, New Construction refers to a manufactured home that has been permanently erected on a site for less than one year prior to the Case Number Assignment date.
Processing Type
Additional classification of a case, including:
HECM: Home Equity Conversion Mortgage; FHA insurance on a reverse
mortgage for elderly home owners. Note: Applicable to cases assigned an FHA case number on or after September 30, 2013.
HECM Standard: Home Equity Conversion Mortgage; reverse mortgage enabling elderly home
owners to convert equity in their homes to monthly income or lines of credit. Note: Applicable to cases assigned an FHA case number on or before September 28, 2013 and with a closing date on or before December 31, 2013. (Obsolete)
HECM Saver: Home Equity Conversion Mortgage; the upfront mortgage insurance premium and the amount of funds (principal limit) available to the borrower are less than the standard HECM. Note: Applicable to cases assigned an FHA case number on or before September 28, 2013 and with a closing date on or before December 31, 2013. (Obsolete)
Real
Estate Owned (REO) w/ Appraisal: HUD-owned property for which the lender is performing an appraisal. HUD REO property is the result of paying a claim
to a lending institution and the lender transferring ownership of the property
to HUD. Typically, an REO property was formerly owned
by the lender because the borrower defaulted on the mortgage. Either HUD or a direct endorsement
underwriter performs the mortgage credit analysis. Also referred to as Property
Disposition (PD).
Real
Estate Owned (REO) w/o Appraisal: HUD-owned property for which the lender is not performing an appraisal. Note: Applicable to REO cases assigned a case number before March 14, 2016. (Obsolete)
Coinsurance
Conversion: Case is changing from the Coinsurance program to regular
processing. (This classification is obsolete and is only used for an existing
case.) (Obsolete)
Coinsurance
Endorsements: HUD and the originator or investment lender share the
loan risk. (This classification is obsolete and is only used for an existing
case.) (Obsolete)
Military
Sales: Property technically belongs to the U.S. Department of Defense
and is being sold with FHA-insured financing. (Obsolete)
Financing Type
Mortgage financing classification for an Irregular HUD case type, including:
Private: Lending
institution such as a mortgage company, commercial bank, or savings and
loan.
GNMA: Government
National Mortgage Association or Ginnie Mae.
FNMA: Federal National
Mortgage Association or Fannie Mae.
(Obsolete)
Is this a HUD Approved Secondary Residence?
Specifies whether the property is a dwelling the borrower occupies less than a majority of the calendar year, in addition to the borrower's principal residence, and is not a vacation home. Notes: For cases assigned a case number on or after September 14, 2015, secondary residences are permitted, but only with written approval from the jurisdictional HUD Homeownership Center (HOC). Once approved, the status is changed to Approved.
ADP Code
Automated data processing code related to the section
of the National Housing Act under which mortgage insurance is being requested.
Living Units
Number of separate dwellings. For example, a two-family house has 2 living units.
Accessory Dwelling Unit
Specifies whether the property has an accessory dwelling unit (ADU).
Program ID
FHA's two-character identifier
for the mortgage insurance program under which the application is being
made.
Loan Term
Period of time in months from
the beginning of loan amortization until maturity.
ADP Code Characteristics
Amortization
Type
Loan amortization classification, including:
Fixed: Amount
of the payment and the interest rate remain fixed for the life of the loan.
Adjustable Rate Mortgage (ARM): Interest rate changes over the life of the loan
relative to changes in the index rate. Also called Adjustable Mortgage Loan
(AML) or Variable Rate Mortgage (VRM).
Graduated Payment Mortgage (GPM): Payments are low for the first few years, gradually
increase for a few years, and then remain fixed.*
Growing Equity Mortgage (GEM): Scheduled increases in payments, with the additional
amount being used to reduce the principal.*
*Note: GPM and GEM are now obsolete for a Home Equity Conversion Mortgage (HECM).
Housing Program
Type of Federal Housing Administration (FHA) Single
Family Housing program, including:
FHA
Standard Mortgage Program (203b): Basic FHA mortgage
insurance for one- to four-family housing.
Condominium
(203b):FHA mortgage insurance for a unit in a
condominium building (which must contain at least four dwelling units).
Improvements (203k): FHA
mortgage insurance for a loan that covers both the acquisition and rehabilitation
of a home.
Home Equity Mortgage (255):FHA insurance on a reverse
mortgage for a home (Home Equity Conversion Mortgage or HECM). Note: Applicable to cases assigned an FHA case number on or after September 30, 2013.
Home
Equity Mortgage (255) - Standard:FHA insurance on a reverse
mortgage for a home (Home Equity Conversion Mortgage or HECM). Note: Applicable to cases assigned an FHA case number on or before September 28, 2013 and with a closing date on or before December 31, 2013. (Obsolete)
Home
Equity Mortgage (255) - Saver:FHA insurance on a reverse
mortgage for a home (Home Equity Conversion Mortgage or HECM). The upfront mortgage insurance premium and the amount of funds (principal limit) available to the borrower are less than the standard HECM. Note: Applicable to cases assigned an FHA case number on or before September 28, 2013 and with a closing date on or before December 31, 2013. (Obsolete)
Urban Renewal (220):FHA mortgage insurance for new or rehabilitated housing
located in a designated urban renewal area or area with concentrated programs
of code enforcement and neighborhood development.
HOPE
for Homeowners (257): FHA mortgage insurance for
a distressed loan being refinanced under the HOPE for Homeowners program (obsolete for endorsements after 09/30/2011).
Other:Less
common FHA Single Family Housing program (e.g., 235(r) Homeownership Assistance/Refinance
or 240 Fee Title Purchases).
Property Type
Indicator specifying whether the property is a condominium unit.
Special Program
Type of Federal Housing Administration (FHA) Single Family Housing special program,
including:
No Special Program:A special housing program is not applicable.
Indian Lands:FHA
mortgage insurance for property located on Native American trust land or
otherwise restricted land (property eligible for insurance pursuant to Section
248 of the National Housing Act).
Hawaiian Homelands:FHA
mortgage insurance for property located within Hawaiian homelands (property
eligible for insurance pursuant to Section 247 of the National Housing Act).
Military Impact Area:FHA mortgage insurance for property located in a
military impacted area designated by the Secretary of Defense (property
eligible for insurance pursuant to Section 238(c) of the National Housing
Act). (Obsolete)
223(e) Location Waiver:FHA
mortgage insurance for property in an older, declining urban area where
there is a need for affordable housing (property eligible for insurance
pursuant to Section 223(e) of the National Housing Act).
Buydown
Indicator specifying whether there is an interest buydown sales incentive to reduce the amount of the borrower's payments during the early years of the loan.
Principal Write-down
For a refinance case, this is an indicator specifying whether there was a reduction in the amount owed on the original first lien mortgage as a result of the refinance.
Not a principal write-down: Amount owed on the original first lien mortgage was not reduced.
>=10% of first existing lien - Short Refi: Conventional refinance case (prior mortgage was not FHA insured) where the amount owed on the original first lien mortgage was reduced by 10 percent or more and the case is being processed under the guidelines of Mortgagee Letter 2010-23, FHA Refinance of Borrowers in Negative Equity Positions.
Principal write-down - not Short Refi: Any type of refinance case (forward mortgage) where the amount owed on the original first lien mortgage was reduced as a result of the refinance.
This is a [...] case.
Case designation, such as Purchase or Prior FHA Refinance, etc. Note: For an FHA-to-FHA refinance case, a Refinance Authorization link is provided to right of this field. It displays the Refinance Authorization Results pop-up page with details of the refinance transaction (for field descriptions, go to Refinance Authorization help.)
FHA to FHA Refinance Type
-or-
All Refinances: Select streamline refinance type (obsolete)
Classification of an FHA-to-FHA refinance case.
Not Streamline - N/A: Prior mortgage was FHA-insured and the new mortgage is not a streamline (or simple) refinance case (i.e, rate and term refinance).
Streamline (w/o Appraisal): No cash-out refinance of an existing FHA-insured mortgage requiring limited borrower credit documentation and underwriting. Mortgage proceeds are limited to the purpose of extinguishing the existing debt and costs associated with the transaction. For a credit qualifying refinance, the lender performs a credit and capacity analysis of the borrower, but no appraisal is required. For a non-credit qualifying streamline refinance, the lender is not required to perform a credit or capacity analysis or obtain an appraisal.
Simple (w/ Appraisal): No cash-out refinance of an existing FHA-insured mortgage. Mortgage proceeds are limited to the purpose of extinguishing the existing debt and costs associated with the transaction. An appraisal is required.
The following options are obsolete, but may appear for older cases:
Not Streamlined: Prior mortgage on property was not FHA-insured or
cash is taken out of the new mortgage; conventional refinance case requiring an
appraisal.
w/o Appraisal: New mortgage amount is limited to the unpaid principal balance
of the prior mortgage less upfront MIP credit from the old case, or plus upfront
MIP for the new case if it is to be financed in the mortgage. Closing costs are
not added to the new mortgage amount and are either paid in cash or through a
higher premium rate. -or- Investment property being refinanced without
an appraisal and the closing costs are not included in the mortgage.
Appraisal Required: Closing costs are included in the new mortgage amount
and an appraisal is required for underwriting purposes.
All Refinances: Is this a Cash-out
Refinance
Indicator specifying
whether this is a cash-out refinance mortgage. The borrower received cash out
from the value of the home as a result of refinancing the mortgage.
Prior FHA and prior REO cases:
Enter case number of previous case
FHA case number for the prior FHA-insured mortgage or FHA case number for the
property that was formerly Real Estate Owned.
Prior Case Partial Claim Exists?
For an FHA-to-FHA refinance, this specifies whether a partial claim exists for the prior FHA-insured mortgage (case) per the Single Family Insurance System-Claims Subsystem (CLAIMS/A43C) (i.e., Claim Type 33, and Status Code 1 or 2).
Prior Case Partial Claim Amount
For an FHA-to-FHA refinance, this is the partial claim amount for the prior FHA-insured mortgage (case) retrieved from the Single Family Insurance System-Claims Subsystem (CLAIMS/A43C). If a partial claim does not exist, N/A is displayed.
203k
Consultant ID
FHA ID and name of the 203k consultant
assigned.
203k Type
Indicator specifying the type of 203(k) Rehabilitation Mortgage.
Standard: Mortgage used for remodeling and repairs. A minimum repair cost of $5,000 and the use of a 203(k) consultant are required.
Limited: Mortgage used for minor remodeling and non-structural repairs. The total rehabilitation cost cannot exceed $75,000; there is no minimum. This is also applicable to property located in a Qualified Opportunity Zone (QOZ). The use of a 203(k) consultant is optional. Note: For a mortgage assigned an FHA case number before November 4, 2024, the maximum is $35,000.00 for a Limited 203(k) and $50,000 for property located in a QOZ.
PUD/Condo Indicator
Planned unit development (PUD), condominium, or subdivision indicator.
N/A: Not a planned unit development, condominium, or subdivision.
PUD: Planned unit development having a combination of diverse land uses in one
contained development or subdivision; development requiring homeowner's
association dues.
Condominium: Property is legally defined as a condominium; ownership of a unit in multifamily
building based on a legal description of the airspace the unit occupies,
plus an undivided interest in the ownership of the common elements that
are owned jointly with other condominium unit owners.
Subdivision: Tract of land divided into blocks, building lots, and streets according
to a recorded subdivision plat that complies with local ordinances and regulations.
Note: No longer required to be approved by the FHA.
PUD/Condo ID
FHA's identifier for the planned unit development (PUD) or condominium project.
Submission
Planned unit development (PUD) or condominium project submission number. Each
submission number identifies a distinct set of units HUD has on record for the
PUD or condominium project. Formerly referred to as a Phase of the project.
Site Condo
Indicator specifying a special characteristic of the condominium unit:
N/A:
Not applicable.
Site
Condo: Condominium unit is a single family detached dwelling (without a
shared garage or other attached building).
-or-
Condominium unit is a single family detached or horizontally attached (townhouse) dwelling that includes the dwelling and land, is not Manufactured Housing, and is encumbered by a declaration of condominium covenants or a condominium form of ownership.
Spot
Lot: "Spot loan" approval process used for obtaining FHA mortgage
insurance for a unit in a condominium project that was not previously approved
by the FHA (per Mortgagee Letter 96-41). This option cannot be selected for cases
assigned an FHA case number on or after February 1, 2010 (per Mortgagee Letter
2009-46A).
Single-Unit Approval: Condominium unit is not located in an FHA-approved condominium project at the time of case number assignment.
Name
Name of the PUD or condominium. Note: This field only appears if the case has
been processed as a PUD or condominium.
Month/Year Completed
For cases with a Construction Code of Existing Construction, this is the year the dwelling was completed. Note: If the month is unknown, the month field may be left blank.
For cases with a Construction Code of New Construction (Less than 1 Year), this is the month and year the Certificate of Occupancy (or equivalent) was issued.
For cases with a Construction Code of Proposed Construction or Under Construction, this is either the year of or the year after the Case Number Assignment date (the year may be estimated).
VA CRV Expire Date
Month, day, and year the Certificate of Reasonable Value issued by the Department
of Veterans Affairs expires.
VA CRV Number
Department of Veterans Affairs identifier for the Certificate of Reasonable Value.
HECM
Counseling Certificate Number
Nine-digit
identifier issued for the Certificate of HECM Counseling, form HUD-92902 through the FHA Connection.
HECM Counseling Waived
Specifies whether HECM housing counseling is waived for a HECM refinance case.
HECM
Counsel Date
Month, day, and year (mm/dd/yy) HECM counseling was completed for the borrower (homeowner).
Prior
Loan Servicer Name
Name of the
servicer of the borrower's prior FHA-insured Home Equity Conversion Mortgage (HECM)
for the property. Note: This field is only displayed for a HECM refinance case.
Prior
Loan Balance
Unpaid balance of the
borrower's prior FHA-insured HECM for the property. Note: This field is only displayed
for a HECM refinance case.
Projected
Closing Date
Estimated closing date for the new mortgage (for a refinance case with a prior
FHA-insured mortgage). Note: Refinance credit (refi netting amount) is calculated based on this date.
Contact Name
Lender contact name for a Refinance case with a prior FHA-insured mortgage.
Contact Phone
Lender contact phone number for a Refinance case with
a prior FHA-insured mortgage.
Individual: Last name, first name, and middle initial.
•
Nonprofit: Name of the HUD/FHA-approved nonprofit agency provided by the system.
•
Government Entity: Name of the government entity in this format: Government, Entity.
Married to NBS [Borrower]
Indicator specifying whether the borrower is married to a non-borrowing spouse (NBS) for a Home Equity Conversion Mortgage (HECM). This is a spouse, as defined by the state in which the spouse and borrower reside or state of celebration, who is not a borrower (mortgagor) at the time of loan closing.
•
No: Not married to a non-borrowing spouse.
•
Eligible Spouse: Married to a non-borrowing spouse that meets the eligibility requirements for deferring the due and payable status of the HECM because of the death of the last surviving mortgagor or other event established by Mortgagee Letters 2014-07and 2015-02.
•
Ineligible Spouse: Married to a non-borrowing spouse that does not meet the eligibility requirements.
[Borrower ID]
Borrower's identification.
Forward mortgage:
•
SSN: Social Security Number of the individual. (SSN may be masked or not listed based on the user's authorizations.)
•
NP TIN: Taxpayer Identification Number (TIN) or Employer Identification Number (EIN) of the HUD/FHA-approved nonprofit agency.
•
GE TIN: Taxpayer Identification Number (TIN) or Employer Identification Number (EIN) of the government entity.
Home Equity Conversion Mortgage (HECM):
•
SSN: Social Security Number of the individual. (SSN may be masked or not listed based on the user's authorizations.)
Birth Date [Borrower]
Borrower's date of birth.
Coborrower Name
Name of the co-mortgagor.
•
Individual: Last name, first name, and middle initial.
•
Nonprofit: Not applicable; a co-borrower is not permitted.
•
Government Entity: Name of the government entity in this format: Government, Entity.
Married to NBS [Coborrower]
Indicator specifying whether the co-borrower is married to a non-borrowing spouse (NBS) for a Home Equity Conversion Mortgage (HECM). This is a spouse, as defined by the state in which the spouse and co-borrower reside or state of celebration, who is not a co-borrower (mortgagor) at the time of loan closing.
•
No: Not married to a non-borrowing spouse.
•
Eligible Spouse: Married to a non-borrowing spouse that meets the eligibility requirements for deferring the due and payable status of the HECM because of the death of the last surviving mortgagor or other event established by Mortgagee Letters 2014-07 and 2015-02.
•
Ineligible Spouse: Married to a non-borrowing spouse that does not meet the eligibility requirements.
[Co-borrower ID]
Co-borrower's identification.
Forward mortgage:
•
SSN: Social Security Number of the individual. (SSN may be masked or not listed based on the user's authorizations.)
•
NP TIN: Not applicable to a nonprofit agency; a co-borrower is not permitted.
•
GE TIN: Taxpayer Identification Number (TIN) or Employer Identification Number (EIN) of the government entity.
Home Equity Conversion Mortgage (HECM):
•
SSN: Social Security Number of the individual. (SSN may be masked or not listed based on the user's authorizations.)
Birth Date [Co-borrower]
Co-borrower's date of birth.
Non-borrowing Spouse
Last name, first name, and middle initial of a non-borrowing spouse for a Home Equity Conversion Mortgage (HECM); spouse, as defined by the state in which the spouse and borrower reside or state of celebration, who is not a borrower (mortgagor) at the time of loan closing.
SSN [Non-borrowing Spouse]
Social Security Number of the non-borrowing spouse. (SSN may be masked based on the user's authorizations.)
SSN: Social Security Number of the individual. (SSN may be masked or not listed based on the user's authorizations.)
•
NP TIN: Taxpayer Identification Number (TIN) or Employer Identification Number (EIN) of the HUD/FHA-approved nonprofit agency.
•
GE TIN: Taxpayer Identification Number (TIN) or Employer Identification Number (EIN) of the government entity.
Home Equity Conversion Mortgage (HECM):
•
SSN: Social Security Number of the individual. (SSN may be masked or not listed based on the user's authorizations.)
Authorization
Ten-character CAIVRS confirmation code for the inquiry. The first character represents
the type of credit issue, if any. See also the field description for Case
Type.
A
Approved by CAIVRS (no credit issue
exists).
B
Multiple cases from one or more Federal
agencies found in CAIVRS.
C
Claim filed.
D
Default on loan.
F
Foreclosure of loan.
J
Judgment filed.
Agency Name
Names of the Federal agencies with which credit issues exist.
Case Number
Federal agency's identification for the case with a credit issue.
Case Type
Type of credit issue that exists with the corresponding Federal agency.
Claim:
Borrower has a claim filed on a loan from the Federal agency listed.
Default:
Borrower defaulted on a loan from the Federal agency listed.
Foreclosure:
Borrower's loan from the Federal agency listed was foreclosed due
to nonpayment.
Judgement:
U.S. Department of Justice has filed a judgment against the
borrower.
Estimated closing date for the new mortgage (for a refinance case with a prior
FHA-insured mortgage). Note: Refinance credit (refi netting amount) is calculated based on this date.
Upfront MIP Factor
Factor
used to determine the amount of upfront mortgage insurance premium (MIP) for the new mortgage. Note:
This field is only displayed for a streamline refinance case.
Annual
MIP Factor
Factor used to determine
the amount of annual MIP for the new mortgage. Note: This field is only displayed for a streamline
refinance case.
Pricing
LTV
The loan-to-value ratio of
the prior mortgage used to determine the upfront and annual mortgage insurance premium
(MIP) factors for the new FHA-insured mortgage based on loan characteristics. Note: This field
is only displayed for a streamline refinance case.
Orig.
Borrower Name
Name of the borrower for the
prior FHA-insured mortgage for the same property.
Property Located at
House number, street name, city, state, and zip code of the property (including
unit number, if applicable).
Computed Premium
Upfront mortgage insurance premium for the prior FHA-insured mortgage.
Original Mortgage Amount
Dollar amount that identifies
the principal obligation for the prior FHA-insured mortgage as stated on the borrower's
security instrument (such as a mortgage note, or deed of trust) at the time
of endorsement.
Original Property Value
Appraised value or sales price of the property under the prior FHA-insured mortgage,
whichever was used in the original loan-to-value calculation.
Old Term (in months)
Number of months required to
amortize (repay) the prior FHA-insured mortgage.
Original Endorsement Date
Date the prior mortgage was endorsed for FHA insurance.
Original Annual MIP Factor (%)
Factor
used to determine the amount of annual mortgage insurance premium (MIP) for the prior FHA-insured mortgage.
New Closing Month
Projected closing month for the new mortgage and month following.
First Column: Thirty-day calculation
column. Month and year of the closing of the new FHA-insured
mortgage, based on the date in Projected
Closing Date field.
Second Column: Sixty-day calculation
column. Month and year following the Projected
Closing Date.
Period of Insurance
Number of months the prior mortgage was FHA insured, based on the Projected
Closing Date.
Refund UFMIP Factor (%)
Factor used to calculate the upfront mortgage insurance premium (UFMIP) refinance
credit amount, based on the Projected Closing Date.
UFMIP Earned by HUD
Dollar amount of upfront mortgage insurance premium (UFMIP) earned by HUD for
the prior FHA-insured mortgage, based on the Projected Closing
Date.
Unearned UFMIP
Dollar amount of upfront mortgage insurance premium (UFMIP) that was not earned
by HUD for the prior FHA-insured mortgage. Refinance credit amount, based on the Projected
Closing Date.
Unpaid Balance
Unpaid principal balance of the prior FHA-insured mortgage.
Authorization No.
Unique number indicating approval to refinance the prior FHA-insured mortgage; consists of a five-character authorization number and eight-character
date (yyyymmdd).