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See HOC Reference Guide – Chapter 2, Page 2-17 and HUD Handbook 4155.2, 1.D.5 and Mortgagee Letter 2009-29. Question 36: What compensation can the transferring lender expect to receive?

April 26, 2017Chapter guide Handbook hoc HUD page Reference

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See HOC Reference Guide – Chapter 2, Page 2-17 and HUD Handbook 4155.2, 1.D.5 and Mortgagee Letter 2009-29. Question 36: What compensation can the transferring lender expect to receive?

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Reference HUD Handbook 4155.2, 1.D.5.a, which outlines HUD’s current position on lender transfers. NOTE: That the borrower can pay a maximum origination fee of one percent in obtaining a FHA-insured mortgage.