Field |
Description |
Legal Name |
Full name of the nonprofit agency. |
Address |
Street number and name, city, state, and zip code of the nonprofit agency's business
address. |
Phone |
Telephone number (with extension, if applicable) of the nonprofit agency. |
Authorizations [Type] |
Type of authorization for a nonprofit agency, including:
FHA Borrower: Authorized to finance FHA-insured mortgages on the same terms and conditions as an owner-occupant. |
REO: Authorized to purchase HUD Real Estate Owned (REO) homes at a discount prior to public offering. |
Secondary Financing: authorized to provide
secondary financing to borrowers originating FHA-insured mortgages. |
|
Authorizations
[Status] |
Level of nonprofit agency participation, including:
Full: Unlimited
number of cases can be processed. |
Limited: Restricted
number of cases can be processed. This is specified by the HOC. |
|
Participating States |
Abbrieviations identifying the state(s)/territory(ies) in which the nonprofit
organization is authorized to participate in FHA/HUD activities. |
Limitations |
Freeform comments limiting the areas where the nonprofit agency can be used. |
Nonprofit Maximums |
REO Ownership: Maximum number of HUD Real Estate Owned properties owned by the nonprofit agency at one time. |
REO Annual Purchase: Maximum number of HUD Real Estate Owned properties owned by the nonprofit agency annually. |
FHA Mortgages: Maximum number of FHA cases with which the nonprofit agency can be associated. |
|