HUD/FHA's Origination Through Post-Closing/Endorsement Handbook (4000.1)

This site provides information on the policy and procedural changes in FHA requirements effective with the new HUD Handbook 4000.1. These became effective 9/14/2016. FHA publishes periodic changes and quarterly updates to this Handbook. These changes and updates, along with the most current version of HUD Handbook 4000.1, as well as other HUD Handbooks, may be found online at
www.portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips/.

As your trusted expert in mortgage loan quality and performance software solutions, we strive to provide our customers with a better understanding of every aspect of mortgage loan requirements and management. The Federal Housing Administration Handbook (4000.1) became effective on September 14, 2015.

Use our helpful tool below to gain better understanding of the recent policy and procedural changes with details on credit, appraisal, quality control and compliance, and 203(k).

View our LendingLogics Newsletters below:

View our 4000.1 Newsletters now...

Sign up today to receive all of LoanLogics newsletters.

Read the latest commentary on our HUD/FHA blog.
Go there now...

Scroll down to interact with the analysis of major changes.

Mortgage Credit Policies

The HUD 4000.1 Handbook policies referenced in this Section will supersede FHA's credit policies primarily contained in HUD's 4155.1 Mortgage Credit Handbook and various Mortgagee Letters.

  • Move the slider to the right
    to reveal the change.
    BEFORE The previous threshold was 2% for EMDs and recent deposits.
    AFTER

    HUD/FHA will now require evidence of source of funds for an Earnest Money Deposit (EMDs) in excess of 1% of the Sales Price. Also, for any recent deposits & recently opened accounts of more than 1% of the Adjusted Value (the lower of the Sales Price or Appraised Value) the source of these funds must be documented.

  • Move the slider to the right
    to reveal the change.
    BEFOREStudent loans were not counted as a recurring obligation.
    AFTER

    Lenders will now have to include deferred obligations in the Borrower's liabilities (i.e. all student loans should be counted as liabilities, regardless of the payment type or status of payments. The lender must use either the Greater of: 1) 1% of the outstanding balance of the loan (instead of 2%) OR 2) the monthly payment reported on the Borrower's credit report OR the actual documented payment, provided the payment will fully amortize the loan over its term.

  • Move the slider to the right
    to reveal the change.
    BEFOREDocuments could be 180 days old if the property involved new construction.
    AFTER

    Documents contained in the loan file may not be more than 120 days old at the time of the Disbursement Date.

  • Move the slider to the right
    to reveal the change.
    BEFOREThere was no time frame established
    for such actions.
    AFTER

    Appraisal reassignments made (at the Borrower's request) must be done within five business days.

  • Move the slider to the right
    to reveal the change.
    BEFORE There was no specific mileage limitation.
    AFTER

    In order to obtain an additional FHA loan, a Borrower who is relocating must establish a new residence in an area more than 100 miles from the Borrower's current principal residence.

  • Move the slider to the right
    to reveal the change.
    BEFOREIf the tenant & landlord do not have an identity of interest relationship - the maximum mortgage calculation is not affected and the LTV is not limited to 85%.
    AFTER

    The maximum LTV percentage in a tenant-landlord transaction will be limited to 85%.

  • Move the slider to the right
    to reveal the change.
    BEFOREThere was no requirement to downgrade to a "Refer" for these circumstances.
    AFTER

    Cases in which it is discovered that there is undisclosed mortgage debt OR if any business income declines by more than 20% must be downgraded to a "Refer" and manually underwritten.

  • Move the slider to the right
    to reveal the change.
    BEFORESuch loans were not considered as installment loans.
    AFTER

    If the Borrower has a loan secured by an interest in a timeshare it must be considered as an installment loan and a recurring obligation.

  • Move the slider to the right
    to reveal the change.
    BEFOREThere was no requirement to average income for such hourly workers.
    AFTER

    For Borrowers who are paid hourly and whose hours vary, the lender must average income for the past two years when calculating income.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD/FHA had no such requirement and most underwriters would use a two year average as effective income.
    AFTER

    If a Borrower earns Overtime or Bonus income and such income has decreased by 20% or more from the previous year, the lender must utilize the current year's income in qualifying the borrower.

  • Move the slider to the right
    to reveal the change.
    BEFORESuch income could be "Grossed-UP" by 25% by the underwriter when calculating effective income.
    AFTER

    The percentage of Non-Taxable income that may be added to a Borrower's gross income estimate will not be able to exceed the greater of 15% or the appropriate tax rate for the borrower. Also, if the Borrower was not required to file a Federal Tax Return for the previous tax reporting period, use 15% to gross-up any non-taxable income.

  • Move the slider to the right
    to reveal the change.
    BEFOREThree of the four HUD Homeownership Centers (Philadelphia, Atlanta and Santa Ana) permitted lenders to use an 85% vacancy factor for properties located in their respective jurisdictions.
    AFTER

    In calculating the effective Net Rental Income from other real estate owned by a Borrower, lenders will now be required to utilize a 75% factor for vacancy, maintenance and collection loss.

  • Move the slider to the right
    to reveal the change.
    BEFOREIn the past, HUD/FHA did not require that P&L Statements be audited since they can be very expensive.
    AFTER

    Audited Profit and Loss Statements or signed quarterly tax returns obtained from the IRS will be required to document self-employment income whenever the income used to qualify the Borrower exceeds the two year average of
    tax returns.

  • Move the slider to the right
    to reveal the change.
    BEFORE With advance approval, HUD/FHA allowed Borrowers 60 years of age or older to borrow the required funds to close for the purchase of a principal residence.
    AFTER

    The draft 4000.1 Handbook is silent on this topic which implies that secondary financing for Borrowers 60 years of age or older will no longer be permitted.

  • Move the slider to the right
    to reveal the change.
    BEFOREAny surplus gift funds could be counted
    as cash reserves.
    AFTER

    On Manually Underwritten loans, any surplus gift funds may not be considered as cash reserves.

  • Move the slider to the right
    to reveal the change.
    BEFOREOnly mortgages with less than 6 months of payment history were not eligible for a cash-out refinance.
    AFTER

    On cash-out refinance transactions, the subject property must have been owned and occupied by the Borrower as their Principal Residence for the 12 months prior to the date of the FHA case number assignment.

  • Move the slider to the right
    to reveal the change.
    BEFOREExisting or modified subordinate liens were allowed to remain outstanding and/or new subordinate liens could have been offered to facilitate the refinance.
    AFTER

    On cash-out refinance transactions, the maximum Combined Loan-To-Value (CLTV) ratio is 85%.

  • Move the slider to the right
    to reveal the change.
    BEFOREThese are new requirements.
    AFTER

    Lenders will be required to take additional steps to verify and document the stability of a Borrower's employment income if he/she has changed jobs more than three times in the previous 12 month period or has changed lines of work. Example: transcripts of training/educationdemonstrating qualification for a new position.

  • Move the slider to the right
    to reveal the change.
    BEFOREThis 5% Rule is a new requirement and will impact Borrowers that have any large debts that are due to be paid off soon.
    AFTER

    Closed-end debts do not have to be included in the qualifying Debt-To-Income (DTI) ratios if they will be paid off within 10 months and "the cumulative payments of all debts are less than or equal to 5% of the Borrower's gross monthly income". Also, the Borrower may not pay down the balance in order to meet the 10
    month requirement.

  • Move the slider to the right
    to reveal the change.
    BEFOREFHA did not require pay stubs on manually underwritten loan transactions.
    AFTER

    For manually underwritten loans, obtain pay stubs covering a min. of 30 consecutive days (if paid weekly pay stubs must cover a min .of 28 consecutive days) showing year-to-date earnings AND one of the following:
    1. a written VOE) covering two years OR
    2. an electronic verification

  • Move the slider to the right
    to reveal the change.
    BEFOREThere was no such 85% LTV limitation.
    AFTER

    On an FHA Rate and Term refinance transaction, a new requirement will be to limit the LTV to 85% for a Borrower who has occupied the subject property as their Principal Residence for fewer than 12 months prior to the FHA case number assignment OR if owned less than 12 months, has not occupied the property for that entire period of ownership.

  • Move the slider to the right
    to reveal the change.
    BEFOREA reduction in term was NOT considered as a net tangible benefit.
    AFTER

    On an FHA streamline refinance transaction, a Net Tangible Benefit test must be conducted. A Reduction in Term is now being considered as a net
    tangible benefit.

  • Move the slider to the right
    to reveal the change.
    BEFOREThe 4155.1 Handbook specifically stated that Tax Service Fees could not be charged to FHA Borrowers.
    AFTER

    Mortgagees will now be allowed to charge Tax Service Fees to FHA Borrowers as long as such fees are deemed reasonable and customary. It should be noted that the 4000.1 Handbook is silent on this specific topic but HUD/FHA has indicated in their listing of Frequently Asked Questions (FAQs) that Tax Service Fees will now be an allowable charge.

  • Move the slider to the right
    to reveal the change.
    BEFORE This "Simple Refinance" option was not available as the streamline refinance program requires a Net Tangible Benefit test to be performed and has additional documentation requirements than this new option.
    AFTER

    A new refi option is the "Simple Refinance Program" and is for those FHA Mortgagors who wish to pay off their existing loan and obtain a new loan with a lower interest rate.  No cash-back will be allowed under this program. The "simple refinance" does not have Net Tangible Benefit test requirement.

  • Move the slider to the right
    to reveal the change.
    BEFORE HUD/FHA did not permit names, other that the Mortgagor & any Co-Borrowers, to be listed on the Agreement of Sale.
    AFTER

    HUD has issued a recent clarification to existing policy that states that a Family Member's name can be listed on the Agreement of Sale but not be a Co-Borrower on the loan transaction.

  • Move the slider to the right
    to reveal the change.
    BEFORE The verbiage contained in the Settlement Agent Certification could not be altered in any way.
    AFTER

    In light of the upcoming TILA, RESPA Integrated Disclosure (TRID) changes being implemented industry-wide on October 3, 2015, HUD had indicated that the "Settlement Agent" Certification that must be executed on FHA loan transaction can be modified to delete the phrase "which I have prepared".

  • Move the slider to the right
    to reveal the change.
    BEFORE HUD/FHA only required documentation that documented the transfer of gift funds from the donor to the borrower (i.e. copy of certified check).
    AFTER

    When receiving Gift Funds in a loan transaction, HUD/FHA now requires evidence to document the withdrawal of such funds from the Donor's savings or checking account along with copies of these Bank Statements.

  • Move the slider to the right
    to reveal the change.
    BEFORE HUD/FHA did not allow any POCs to be counted towards a borrower's MRI.
    AFTER

    Any refunds of the Borrowers' Paid Outside of Closing (POCs) fees (i.e. appraisal fees or credit reports) may now be used towards a Borrower's minimum required investment (MRI) - if the lender can document that the POCs were initially paid with the Borrower's own funds.

  • Move the slider to the right
    to reveal the change.
    BEFORE The Borrower's total amount of HOA fees were counted in calculating their qualifying ratios.
    AFTER

    Any payments towards utilities as part of a Borrower's Home Owner Association (HOA) fees may be subtracted from the total HOA fees when calculating the Borrower's Housing Expenses ratios.

Hover/click on circles to navigate to other topics.

Appraiser and Property Requirements

The HUD 4000.1 Handbook policies referenced in this Section will supersede FHA's appraiser and property requirements primarily contained in HUD's 4150.2 Handbook and various Mortgagee Letters.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD appraisal protocols did not specifically address this topic.
    AFTER

    It is stated in the Appraisal Report and Data Delivery Guide that a property's location in a "non-disclosure" state does not remove the appraiser from the requirement to research, report, and analyze the prior sale history of the subject and comparable properties.

  • Move the slider to the right
    to reveal the change.
    BEFOREReasonable cost for hook-up to a public or community system was defined as 3% or less of the value of the property.
    AFTER

    For properties that have individual water and/or sewer systems (wells & septic), the Mortgagee must require that they be connected to a public or community system whenever feasible and available at a reasonable cost. However, no guidelines are provided in the 4000.1 Handbook as to what would be considered as a
    reasonable cost.

  • Move the slider to the right
    to reveal the change.
    BEFOREIt was indicated that a completed HUD-92541 be provided to the Appraiser, but there was no reference to a fully-executed Form.
    AFTER

    On new construction cases, the Appraiser must obtain from the Mortgagee a fully executed Form HUD-92541 (Builder's Certification) dated no more than 30 days prior to the date of the appraisal along with documents related to New Construction (e.g. Plans, Specs, etc.).

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD would only allow up to 25% of the Gross Livable Area (GLA) on mixed-use properties to be non-residential in use on Sec. 203(b) loan transactions.
    AFTER

    The non-residential portion of the Total Floor Area of a property may not exceed 49%. Properties must be legally permitted and conform to current zoning requirements. The term "Total Floor Area" is not defined by HUD in the 4000.1 Handbook.

  • Move the slider to the right
    to reveal the change.
    BEFOREAppraisers were not required to report this information.
    AFTER

    Appraisers will now be required to indicate whether or not the subject property can be legally rebuilt if destroyed, if the property has a legal non-conforming zoning designation.

  • Move the slider to the right
    to reveal the change.
    BEFOREThe Appraiser only had to report on whether or not the dwelling or related property improvements were located within an Easement serving the power line
    or tower.
    AFTER

    Appraisers will be required to notify the Mortgagee if the subject dwelling or related property improvements are located within an Easement of an Overhead Electric Power Transmission Line or if they appear to be located within an unsafe distance of the power line
    or tower.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD instructed appraisers to describe any Excess Land (from the readily marketable real estate entity) but not appraise the Excess Land (since it was excluded from the maximum mortgage amount). HUD had no previous definition of what constitutes Surplus Land.
    AFTER

    A definition of what HUD considers to be Excess/Surplus Land is provided in the 4000.1 HB but a better definition needs to be provided as to what would be considered as Surplus Land along with examples. For example, how would an appraiser arrive at a value for a property containing 20 acres with comparable sales containing only 5 acres?

  • Move the slider to the right
    to reveal the change.
    BEFORESecurity bars were acceptable if they complied with local fire codes and if the occupants would be able to quickly get outside if there were a fire (e.g. quick-release mechanisms are installed
    on the security bars).
    AFTER

    Appraisers must report when the subject property has security bars on the bedroom windows or doors. There is no further guidance provided as to what conditions (if any) an underwriter must take when this information is provided by the appraiser.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD did not specifically state that appraisers were expected to operate appliances as part of their on-site review of a property.
    AFTER

    Appraisers must operate all conveyed appliances (such as a dishwasher) and observe their performance. The Appraiser must notify the Mortgagee of any deficiency if an appliance is found to be inoperable.

  • Move the slider to the right
    to reveal the change.
    BEFOREAppraisers were required to observe the roof area and note any readily observable conditions. However, they were not responsible for making an assessment if the roof had a remaining physical life of
    at least two years.
    AFTER

    Appraisers must observe the roof of a property to determine whether there are deficiencies that present a health and safety hazard or do not allow for reasonable future utility. The Appraiser must report if the roof has less than 2 years of remaining life, and make the appraisal subject to inspection by a professional roofer.

  • Move the slider to the right
    to reveal the change.
    BEFOREAppraisers only had to report the existence of a sump pump at a property.
    AFTER

    Appraisers will be required to notify the Mortgagee if the property has a sump pump that is not properly functioning at the time of the appraisal. A sump pump may be hardwired by an acceptable wiring method or may have a factory electrical cord that is to be connected to a receptacle suitable for such use.

  • Move the slider to the right
    to reveal the change.
    BEFOREOnly photos of front and rear sides of the dwelling, a street scene and any improvements with a contributory value were required.
    AFTER

    Appraisers will be required to take many more photographs during their on-site visit. Some examples include: kitchen, bathrooms, bedrooms, any other rooms representing overall condition, basement, attic, crawl space, any updates or repair conditions. In addition, photos of common areas and shared amenities will be required on condos.

  • Move the slider to the right
    to reveal the change.
    BEFOREThe cost approach was not required on existing properties more than one year old and the income approach did not have to be performed on one unit properties.
    AFTER

    Appraisers must consider and attempt all approaches to value and must develop and reconcile each approach that is relevant.

  • Move the slider to the right
    to reveal the change.
    BEFOREAt the current time, Form 54114 is available off of HUD's HUCLIPS website. The new Handbook should make reference to this Form and indicate if it is still optional for use by DE underwriters.
    AFTER

    No reference is made to HUD Form 54114 in the 4000.1 Handbook. Although the completion of this Form was not deemed mandatory by HUD, many DE underwriters utilize this Form as a means to provide consistent feedback on their review findings (if any).

Hover/click on circles to navigate to other topics.

Quality Control, Oversight and Compliance

The HUD 4000.1 Handbook policies referenced in this Section will supersede FHA's Quality Control and Compliance requirements primarily contained in HUD's 4060.1 Handbook and various Mortgagee Letters.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD's requirement for the processing of post-closing reviews was that the review of a specific loan transaction should be completed within 90 days of closing (with review findings being reported within one month of completion of the initial report) and that, depending on a mortgagee's production volume, reviews could be performed weekly, monthly or quarterly.
    AFTER

    It is stated that Mortgagees must select loans for post-closing reviews on a monthly basis with the selection comprising loans closed in the prior month. Mortgages that are selected must be reviewed within 60 days from the end of the prior one-month period.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD only recommended that lenders process pre-closing reviews and there were no requirements as to the timing in which these reviews had to be processed.
    AFTER

    Loan transactions that are selected for pre-closing review must be reviewed after the Mortgage is approved by an FHA Direct Endorsement (DE) underwriter, and prior to closing.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD only recommended that lenders conduct pre-closing reviews to evaluate the quality of their processing and underwriting.
    AFTER

    The Mortgagee's required FHA QC sample size must comply with the following balance of pre & post-closing reviews: Pre-Closing Reviews - 10% or less of the total sample and Post-Closing Reviews - 90% or more of the total sample. Mortgagees that close nine or fewer loans during the prior one-month period must select at least one loan for pre-closing review.

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD had no minimum requirements for the processing of pre-closing reviews as these reviews were only recommended.
    AFTER

    As part of a pre and post-closing review, HUD has outlined a total of 22 areas that must be addressed as part of a post-closing review and 17 areas as part of a pre-closing review.

  • Move the slider to the right
    to reveal the change.
    BEFOREThe re-verification of a borrower's mortgage or rental payments was only a recommendation and not mandated.
    AFTER

    Mortgagees must re-verify, in writing or electronically if available, mortgage payments or rental payments made by the borrower(s) as part of a post-closing review.

  • Move the slider to the right
    to reveal the change.
    BEFORELenders were expected to perform field reviews on 10% of the entire QC sample - which includes EPDs.
    AFTER

    Mortgagees must perform targeted field reviews on 10% of the Mortgages selected for the monthly post-closing QC sample, as well as on all Early Payment Defaults (EPDs).

  • Move the slider to the right
    to reveal the change.
    BEFOREHUD required lenders to conduct annual site visits to branch offices with certain higher risk criteria and other branch offices at an appropriate frequency (as determined & documented by the lender).
    AFTER

    Mortgagees must verify that a "Fair Housing Poster" is prominently displayed in the Mortgagee's home office and any branch offices that deal with borrowers and the general public. However, there is no formal site review of a mortgagee's offices (including nontraditional branch and direct lending offices) required
    by HUD.

Hover/click on circles to navigate to other topics.

203(k) Rehab Loan Program
and Consultant Requirements

The HUD 4000.1 Handbook policies referenced in this Section will supersede FHA's 203(k) and Consultant requirements primarily contained in HUD's 4240.4 Handbook as well as various Mortgagee Letters - most notably Mortgagee Letter 2000-25.

  • Move the slider to the right
    to reveal the change.
    BEFORE
    The Limited 203(k) program was referenced as the Streamlined 203(k) program.
    AFTER

    There are two types of 203(k) rehabilitation mortgages: Standard 203(k) and Limited 203(k).

  • Move the slider to the right
    to reveal the change.
    BEFOREFor 203(k) loan transactions two story properties could have up to 49% commercial space but three story buildings could only have 33.3% commercial space and one and four story dwellings could only have 25% commercial use.
    AFTER

    For mixed-use properties, a total of 51% of the Gross Building Area (GBA) must be for residential use and any commercial use will not affect the health & safety of the occupants.

  • Move the slider to the right
    to reveal the change.
    BEFORE A Sec. 203(k) Consultant could not be involved with a Limited (or Streamlined) 203(k) loan transaction.
    AFTER

    The Mortgagee must obtain a Work Plan from the Borrower detailing all of the proposed repairs or improvements. The Borrower may develop the Work Plan themselves or engage an outside party - including a Sec. 203(k) Consultant. However, a Sec. 203(k) Consultant fee may not be charged under the Limited 203(k) program.

  • Move the slider to the right
    to reveal the change.
    BEFORE An As-Is Appraisal was not typically required on a Sec. 203(k) purchase and/or refinance transaction as the lender could utilize the sales price (on a purchase transaction) or the existing indebtedness (on a refinance transaction) in calculating the maximum allowable mortgage amount.
    AFTER

    An As-Is Appraisal is required in cases involving Flipping and in certain refi transactions (i.e. the property was acquired by the Borrower w/i 12 months of the FHA case # assignment date).

  • Move the slider to the right
    to reveal the change.
    BEFORE HUD required lenders to utilize the HUD Form 9-2700 for calculating the maximum mortgage amount on all 203(k) transactions.
    AFTER

    Section 203(k) Maximum Mortgage Worksheets have been created for use by HUD based on the type of loan transaction being processed (limited 203(k) purchase, standard 203(k) purchase, standard refinance with property acquired less than 12 months, etc.).

  • Move the slider to the right
    to reveal the change.
    BEFORE Secondary financing provided by private individuals and other organizations could not exceed the applicable LTV limit and there was much confusion as to how to calculate the correct LTV and corresponding required MIP.
    AFTER

    The maximum CLTV for secondary financing provided by private individuals and other organizations is 110% of the After Improved Value. Also, an updated MIP chart is provided along with instructions as to how to calculate the correct LTV.

  • Move the slider to the right
    to reveal the change.
    BEFORE The older version of the Rehabilitation (Self-Help) Loan Agreement was Attachment #3 of Mortgagee Letter 2000-25.
    AFTER

    There is a revised Rehabilitation (Self-Help) Loan Agreement Form that has been created for use by HUD when a lender approves a Borrower to act as a General Contractor or doing their own work.

  • Move the slider to the right
    to reveal the change.
    BEFORE Specific accounting system criteria for the handling of Rehabilitation Escrow Account funds was not established. Also, lenders were required to release monies from the Rehab Escrow Account within 24 to 48 hours after receipt of a properly executed draw request (refer to HUD HB 4240.4 REV-2, para. 5.2.C.).
    AFTER

    The procedures for the establishment and management of the Rehab Escrow Account have been enhanced with detailed accounting system criteria established. Also, it is stated that the Mortgagee must release funds within five (5) business days after receipt of a properly executed draw request and title update
    when necessary.

  • Move the slider to the right
    to reveal the change.
    BEFORE Under the Streamlined 203(k) program the lender could only issue checks directly to the contractor.
    AFTER

    Under the Limited 203(k) program, it is stated that, when releasing funds from the Rehab Escrow Account, the Mortgagee may issue checks solely to the contractor, or issue checks to the Borrower and the contractor
    as co-payees.

  • Move the slider to the right
    to reveal the change.
    BEFORE Under the Streamlined 203(k) program the use of a 203(k) Consultant was prohibited.
    BEFORE

    In the "Overview" portion of the 203(k) Consultant Requirements section of the 4000.1HB, it is stated that a203(k) Consultant is required for all Standard 203(k) mortgages and "may be used for Limited 203(k) mortgages". However, the 4000.1 Handbook further indicates that any Section 203(k) Consultant fee may not be financed under the Limited 203(k) program?

  • Move the slider to the right
    to reveal the change.
    BEFORE In recent years Consultants were permitted by the HOCs to charge draw inspection fees that are deemed reasonable & customary for the area. The $100 maximum draw request fee was originally stated in Ml 1995-40.
    AFTER

    The maximum 203(k) Consultant fees (for preparation of the Work Write-Up and review of architectural exhibits) reflected in the 4000.1 Handbook are identical to those cited in Mortgagee Letter 1995-40. Also, it is indicated that the 203(k) Consultant may charge $100 per draw request.

Hover/click on circles to navigate to other topics.

Learn More About Our Products

For further assistance with mortgage loan quality and performance management, fill out our product demo form to learn about what our software solutions can do for you. Whether you are an originator or investor, LoanLogics has the technology and services to help you manage loan quality more efficiently.

Visit our Resource Library for up-to-date articles, white papers and videos on various topics, such as TRID, eClosing, Appraisal Review, and more!