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#2256442 - 07/08/21 06:59 PM HPML and FHA Loans
KS Banker 1990 Offline
New Poster
Joined: Dec 2020
Posts: 5
Are FHA loans exempt from the HPML requirements? I'm arguing this with mortgage employees and I need a second or third opinion. Thank you!

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#2256449 - 07/08/21 07:23 PM Re: HPML and FHA Loans KS Banker 1990
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,517
Bloomington, IN
I don't deal with FHA but if you search 1026.35 they (government agencies) have some limited exemptions for the additional appraisal requirements.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#2256451 - 07/08/21 07:28 PM Re: HPML and FHA Loans Dan Persfull
KS Banker 1990 Offline
New Poster
Joined: Dec 2020
Posts: 5
Thank you, Dan!

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