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Get Hud-92700 2009-2025
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How to fill out the HUD-92700 online
The HUD-92700 form is essential for those applying for 203(k) or Streamlined (k) loans. Completing this form accurately is crucial for ensuring a smooth mortgage application process.
Follow the steps to successfully complete the HUD-92700 form online.
- Click ‘Get Form’ button to obtain the form and open it in your preferred document editor.
- Begin by entering the borrower's name and property address, which should include the street, city, state, and zip code.
- Fill in the FHA case number as shown on any previous documents related to the mortgage.
- Indicate whether the application is for a purchase or refinance by selecting the corresponding checkbox.
- Complete the property information section, recording the contract sales price or 'As-is' value and the after-improved value.
- Proceed to the rehabilitation costs section and outline the total costs of repairs, including allowable energy improvements.
- Calculate the subtotal for the rehabilitation escrow account by adding together all relevant costs from the previous section.
- In the mortgage calculation section, fill in the amounts for sales price, rehabilitation costs, and other relevant mortgage data.
- Repeat the calculations for refinance transactions, ensuring that all existing debts and allowed closing costs are accounted for.
- Review all sections carefully for accuracy, then save any changes made, download the form, and print or share it as needed.
Complete your HUD-92700 form online today to streamline your mortgage process.
The time it takes to get approved for a HUD home can vary, but generally, it spans several weeks. After you submit your application, the processing time depends on the completeness of your documentation and the demand in your local area. Typically, you can expect notification via email or postal mail regarding your approval status. It is advisable to check the HUD-92700 page regularly for updates during the process.
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