Tips for Entering 203k Calculator Information Using the FHA Connection |
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Below are tips for entering case information in 203k Calculator using the version available from the FHA Connection: |
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Some case information is pre-filled from Case Number Assignment, Appraisal Logging, and/or TOTAL Scorecard based on where you are in case processing. Pre-filled information is view only on 203k Calculator; therefore, if you need to update any pre-filled case information, you must use the function where originally entered and then reprocess 203k Calculator with the new case information. | ||
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If 203k Calculator was processed before Appraisal Logging or if specific Appraisal Logging information was updated after the calculator was processed, Insurance Application cannot be accessed until 203k Calculator is reprocessed with the updated case information. | ||
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Changes may be made on 203k Calculator until the case is endorsed. Once endorsed, 203k Calculator becomes view only and no changes are permitted unless the Mortgage Insurance Certificate (MIC) is cancelled by an authorized HUD representative. | ||