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  HECM Insurance Application - Accepted or Rejected?  
  Determining Insurance Application Status  
 

Upon successful submission, the Homeownership Center (HOC) reviews the case binder and HECM Insurance Application. If the insurance application is:
     
 
bullet
 Accepted (Approved): Case is endorsed by HUD and the Endorsement Information section of the HECM Insurance Application page is updated with endorsement indicator and date. Mortgage Insurance Certificate (MIC) information is available online via the FHA Connection. (See Retrieving Mortgage Insurance Certificate (MIC) Information.)
     
 
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 Rejected (Not Approved): Case is not endorsed and Notice of Return (NOR) is issued. (See Resolving a Notice of Return (NOR).)
     
Use Case Query to check a single case's status. Use MIC/NOR List to check the status of multiple cases.
 
Note: See Endorsements by LI Lenders for lenders participating in the LI Reverse program and endorsing their reverse mortgages (HECM loans) for FHA insurance.

 
Topics
  
  Preparing to Use HECM Insurance Application  
  bullet Purpose  
  bullet HECM Insurance Application Authorization  
  bullet Information Sources  
  bullet Requirements  
  bullet Upfront (Initial) Mortgage Insurance Premium (MIP)  
  bullet Underwriters  
  Completing the HECM Insurance Application Form  
  bullet User Aids  
    Tips for Entering General Information  
  bullet Tips for Entering Worksheet and Mortgage Information  
  bullet Tips for Changing Borrower
Information		  
  HECM Insurance Application - Accepted or Rejected?  
  bullet Determining Insurance Application Status  
  bullet Retrieving Mortgage Insurance Certificate (MIC) Information  
  bullet Resolving a Notice of Return (NOR)