What does it mean to have a FHA case number?

FHA Case Number: Unique 10-digit number assigned to a loan through Case Number Assignment on the FHA Connection. A loan assigned a number is called a case. MIP: Abbreviation for mortgage insurance premium. Non-endorsed Case: Loan assigned an FHA case number that has not been endorsed for FHA mortgage insurance.

Does FHA require an appraisal transfer letter?

FHA loan rules say the appraiser is not automatically required to perform the transfer, as we note from HUD 4000.1: The Appraiser is not required to provide the appraisal to the new Mortgagee.

What is a FHA transfer letter?

Transfer to: A Letter signed by the Borrower(s) specifically requesting that the FHA/VA case # be transferred to the lender named in this request is attached. Note: A borrower's authorization form is not acceptable for case transfers. There must be a signed specific. request letter attached.

What is a FHA transfer letter?

Transfer to: A Letter signed by the Borrower(s) specifically requesting that the FHA/VA case # be transferred to the lender named in this request is attached. Note: A borrower's authorization form is not acceptable for case transfers. There must be a signed specific. request letter attached.

What is the format of an FHA case?

An FHA appraisal may not be transmitted from the appraiser to the mortgagee without an FHA case number. The FHA case number must be entered on the appraisal report in a 10-character format (three numeric digits, followed by a dash, and then followed by seven numeric digits; example: 123-4589034).

Can an FHA case number be transferred?

Any FHA Approved Lender can request a transfer. HUD will not process request from BORROWERS. NOTES: If Originating Lender is out of business do not transfer case number.

Can you transfer an FHA appraisal?

It is possible to transfer an FHA appraisal and there are guidelines when it comes to an FHA appraisal recertification. Some mortgage companies can have more difficult guidelines than others due to an overlay, which is an internal company guideline on top of FHA guidelines.

Can an FHA case number be Cancelled?

a. Request needs to be on company letter head showing the name of their company and contact information b. Include FHA Case Number c. In the body of the letter the lender needs to put the reason why they want the case number cancelled along with their active FHA Lender ID / 10 digit number.

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Printable Fha Case Transfer Form

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FHA Case Transfer Request Form How to Request a FHA Case Number Transfer Follow the below steps in order, then complete this form as indicated. 1. Complete the FHA Case Transfer Form and fax to 508-373-1644.

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