About HECM Insurance Application
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  Preparing to Use HECM Insurance Application
  
 

Purpose
bullet
 Lenders use HECM Insurance Application to request FHA mortgage insurance for a Home Equity Conversion Mortgage (HECM) direct endorsement (DE) case.
   
bullet Lenders participating in the Lender Insurance (LI) Reverse program use HECM Insurance Application to endorse a HECM case.

 
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  
  bullet 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)  
 
Endorsements by LI Lenders
  
  bullet Lender Insurance (LI) Reverse Requirements  
  bullet LI Reverse Endorsement Process  
  bullet Submitting Case Binders