Title 24

PART 203 SUBPART A

Subpart A - Eligibility Requirements and Underwriting Procedures

• 12 U.S.C. 1707, 1709, 1710, 1715b, 1715z-16, 1715u, and 1715z-21; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).
• 36 FR 24508, Dec. 22, 1971, unless otherwise noted.

24:2.1.1.2.4.1.79	SUBJGRP 79	Direct Endorsement, Lender Insurance, and Commitments
24:2.1.1.2.4.1.79.1	SECTION 203.1	203.1 Underwriting procedures.
24:2.1.1.2.4.1.79.2	SECTION 203.3	203.3 Approval of mortgagees for Direct Endorsement.
24:2.1.1.2.4.1.79.3	SECTION 203.4	203.4 Approval of mortgagees for Lender Insurance.
24:2.1.1.2.4.1.79.4	SECTION 203.5	203.5 Direct Endorsement process.
24:2.1.1.2.4.1.79.5	SECTION 203.6	203.6 Lender Insurance process.
24:2.1.1.2.4.1.79.6	SECTION 203.7	203.7 Commitment process.
24:2.1.1.2.4.1.79.7	SECTION 203.8	203.8 Approval of mortgagees for Direct Endorsement Lender Review and Approval Process (DELRAP).
24:2.1.1.2.4.1.80	SUBJGRP 80	Miscellaneous Regulations
24:2.1.1.2.4.1.80.8	SECTION 203.9	203.9 Disclosure regarding interest due upon mortgage prepayment.
24:2.1.1.2.4.1.80.9	SECTION 203.10	203.10 Informed consumer choice for prospective FHA mortgagors.
24:2.1.1.2.4.1.80.10	SECTION 203.12	203.12 Mortgage insurance on proposed or new construction.
24:2.1.1.2.4.1.80.11	SECTION 203.14	203.14 Builders' warranty.
24:2.1.1.2.4.1.80.12	SECTION 203.15	203.15 Certification of appraisal amount.
24:2.1.1.2.4.1.80.13	SECTION 203.16	203.16 Certificate and contract regarding use of dwelling for transient or hotel purposes.
24:2.1.1.2.4.1.80.14	SECTION 203.16a	203.16a Mortgagor and mortgagee requirement for maintaining flood insurance coverage.
24:2.1.1.2.4.1.81	SUBJGRP 81	Eligible Mortgages
24:2.1.1.2.4.1.81.15	SECTION 203.17	203.17 Mortgage provisions.
24:2.1.1.2.4.1.81.16	SECTION 203.18	203.18 Maximum mortgage amounts.
24:2.1.1.2.4.1.81.17	SECTION 203.18a	203.18a Solar energy system.
24:2.1.1.2.4.1.81.18	SECTION 203.18b	203.18b Increased mortgage amount.
24:2.1.1.2.4.1.81.19	SECTION 203.18c	203.18c One-time or up-front mortgage insurance premium excluded from limitations on maximum mortgage amounts.
24:2.1.1.2.4.1.81.20	SECTION 203.18d	203.18d Minimum principal loan amount.
24:2.1.1.2.4.1.81.21	SECTION 203.19	203.19 Qualified mortgage.
24:2.1.1.2.4.1.81.22	SECTION 203.20	203.20 Agreed interest rate.
24:2.1.1.2.4.1.81.23	SECTION 203.21	203.21 Amortization provisions.
24:2.1.1.2.4.1.81.24	SECTION 203.22	203.22 Payment of insurance premiums or charges; prepayment privilege.
24:2.1.1.2.4.1.81.25	SECTION 203.23	203.23 Mortgagor's payments to include other charges.
24:2.1.1.2.4.1.81.26	SECTION 203.24	203.24 Application of payments.
24:2.1.1.2.4.1.81.27	SECTION 203.25	203.25 Late charge.
24:2.1.1.2.4.1.81.28	SECTION 203.26	203.26 Mortgagor's payments when mortgage is executed.
24:2.1.1.2.4.1.81.29	SECTION 203.27	203.27 Charges, fees or discounts.
24:2.1.1.2.4.1.81.30	SECTION 203.28	203.28 Economic soundness of projects.
24:2.1.1.2.4.1.81.31	SECTION 203.29	203.29 Eligible mortgages in Alaska, Guam, Hawaii, or the Virgin Islands.
24:2.1.1.2.4.1.81.32	SECTION 203.30	203.30 Certificate of nondiscrimination by the mortgagor.
24:2.1.1.2.4.1.81.33	SECTION 203.31	203.31 Mortgagor of a principal residence in military service cases.
24:2.1.1.2.4.1.82	SUBJGRP 82	Eligible Mortgagors
24:2.1.1.2.4.1.82.34	SECTION 203.32	203.32 Mortgage lien.
24:2.1.1.2.4.1.82.35	SECTION 203.33	203.33 Relationship of income to mortgage payments.
24:2.1.1.2.4.1.82.36	SECTION 203.34	203.34 Credit standing.
24:2.1.1.2.4.1.82.37	SECTION 203.35	203.35 Disclosure and verification of Social Security and Employer Identification Numbers.
24:2.1.1.2.4.1.82.38	SECTION 203.36	203.36 [Reserved]
24:2.1.1.2.4.1.83	SUBJGRP 83	Eligible Properties
24:2.1.1.2.4.1.83.39	SECTION 203.37	203.37 Nature of title to realty.
24:2.1.1.2.4.1.83.40	SECTION 203.37a	203.37a Sale of property.
24:2.1.1.2.4.1.83.41	SECTION 203.38	203.38 Location of dwelling.
24:2.1.1.2.4.1.83.42	SECTION 203.39	203.39 Standards for buildings.
24:2.1.1.2.4.1.83.43	SECTION 203.40	203.40 Location of property.
24:2.1.1.2.4.1.83.44	SECTION 203.41	203.41 Free assumability; exceptions.
24:2.1.1.2.4.1.83.45	SECTION 203.42	203.42 Rental properties.
24:2.1.1.2.4.1.83.46	SECTION 203.43	203.43 Eligibility of miscellaneous type mortgages.
24:2.1.1.2.4.1.83.47	SECTION 203.43a	203.43a Eligibility of mortgages covering housing in certain neighborhoods.
24:2.1.1.2.4.1.83.48	SECTION 203.43b	203.43b Eligibility of mortgages on single-family condominium units.
24:2.1.1.2.4.1.83.49	SECTION 203.43c	203.43c Eligibility of mortgages involving a dwelling unit in a cooperative housing development.
24:2.1.1.2.4.1.83.50	SECTION 203.43d	203.43d Eligibility of mortgages in certain communities.
24:2.1.1.2.4.1.83.51	SECTION 203.43e	203.43e [Reserved]
24:2.1.1.2.4.1.83.52	SECTION 203.43f	203.43f Eligibility of mortgages covering manufactured homes.
24:2.1.1.2.4.1.83.53	SECTION 203.43g	203.43g Eligibility of mortgages in certain communities.
24:2.1.1.2.4.1.83.54	SECTION 203.43h	203.43h Eligibility of mortgages on Indian land insured pursuant to section 248 of the National Housing Act.
24:2.1.1.2.4.1.83.55	SECTION 203.43i	203.43i Eligibility of mortgages on Hawaiian Home Lands insured pursuant to section 247 of the National Housing Act.
24:2.1.1.2.4.1.83.56	SECTION 203.43j	203.43j Eligibility of mortgages on Allegany Reservation of Seneca Nation of Indians.
24:2.1.1.2.4.1.83.57	SECTION 203.44	203.44 Eligibility of advances.
24:2.1.1.2.4.1.83.58	SECTION 203.45	203.45 Eligibility of graduated payment mortgages.
24:2.1.1.2.4.1.83.59	SECTION 203.47	203.47 Eligibility of growing equity mortgages.
24:2.1.1.2.4.1.83.60	SECTION 203.49	203.49 Eligibility of adjustable rate mortgages.
24:2.1.1.2.4.1.83.61	SECTION 203.50	203.50 Eligibility of rehabilitation loans.
24:2.1.1.2.4.1.83.62	SECTION 203.51	203.51 Applicability.
24:2.1.1.2.4.1.83.63	SECTION 203.52	203.52 Acceptance of individual residential water purification equipment.
24:2.1.1.2.4.1.84	SUBJGRP 84	Effective Date
24:2.1.1.2.4.1.84.64	SECTION 203.249	203.249 Effect of amendments.

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