Get Fha Case Cancellation Request Form

Yes, you can remove a borrower from an FHA case number by submitting the FHA Case Cancellation Request Form. This form is essential for communicating your intention to modify the borrower status on the case. It is crucial to include all relevant information to facilitate a swift review. For assistance, you can use US Legal Forms to find the right documentation and instructions.

To request an FHA case transfer, fill out the FHA Case Cancellation Request Form. This form enables you to formally initiate the transfer of your FHA case to another lender or servicer. Ensure you provide accurate information to avoid any delays in processing your request. US Legal Forms offers easy access to the necessary forms and guidance for a smooth transition.

To get rid of the FHA Required Borrower Participation (RBP), you will need to complete the FHA Case Cancellation Request Form. This form allows you to officially request the removal of the RBP from your FHA case. Make sure to provide all the necessary details and documentation to expedite the process. You can find the form on the US Legal Forms platform, which simplifies the entire procedure.

The FHA Case Number is good for 6 months and then will be canceled if the loan has not been completed and closed. The Federal Housing Administration (FHA) can choose to change the upfront mortgage insurance and/or the monthly mortgage insurance but releasing a mortgagee letter.

If a case number has been canceled, and FHA insurance will be sought, the lender must fax a request to the appropriate HOC, requesting that the case number be reinstated to an active status.

Reasons Cancellation can be completed: An appraisal has not been completed and the borrower will not close the loan as an FHA Insured Mortgage. The FHA mortgage insurance will not be sought. The appraisal report has already expired.

At the request of a borrower, the case number is to be assigned to the new lender using the Case Transfer function in FHA Connection. The transferring lender is not entitled to a fee for the transfer of a streamline refinance case number, regardless of the stage of processing the loan is in.

Reasons Cancellation can be completed: An appraisal has not been completed and the borrower will not close the loan as an FHA Insured Mortgage. The FHA mortgage insurance will not be sought. The appraisal report has already expired.

4-1 CANCELLING CASES. The lender must notify the appropriate HOC via FHA Connection, or its functional equivalent, to close outstanding files and cancel the FHA case number if the origination and closing of a loan will not be completed or if FHA mortgage insurance endorsement will not be sought.