This is a legal form that was released by the U.S. Department of Housing and Urban Development on June 1, 2009 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form HUD-92700?
A: Form HUD-92700 is a worksheet used for calculating the maximum mortgage amount for FHA 203(K) and Streamlined (K) loans.
Q: What is the purpose of Form HUD-92700?
A: The purpose of Form HUD-92700 is to determine the maximum mortgage amount that can be insured by the Federal Housing Administration (FHA) for certain types of home renovation loans.
Q: What are FHA 203(K) and Streamlined (K) loans?
A: FHA 203(K) and Streamlined (K) loans are government-backed loans that enable borrowers to finance both the purchase or refinance of a home and the cost of its renovation or repairs.
Q: Who uses Form HUD-92700?
A: Form HUD-92700 is used by lenders, borrowers, and HUD-approved consultants involved in the FHA 203(K) and Streamlined (K) loan process.
Q: What information is required on Form HUD-92700?
A: Form HUD-92700 requires information such as property details, borrower information, renovation/repair costs, and financing terms.
Form Details:
Download a fillable version of Form HUD-92700 by clicking the link below or browse more documents and templates provided by the U.S. Department of Housing and Urban Development.