HUD 92900 FHA Hope for Homeowner attachment to FHA Loan Underwriti

FHA HOPE for Homeowners
Attachment to FHA Loan
Underwriting and Transmittal Summary

OMB 2502 - eoxx

U.S. Department of Housing and
Urban Development

exp 9/30/11

See back page for public burden and sensitive Information

At Case Number Assignment
Borrower Name

FHA Case #

Co-Borrower Name

DTI on existing loan(s)*

(Minimum 6 payments)

Total number of payments made on existing senior mortgage

Date of first payment on old loan

Combined Loan-to-Value on Existing Loans

Current Mortgage Provider(s) FKHFNRQO\RQH

FHA

Type of Loan Product(s)FKHFNDOOWKDWDSSO\

)ixed

VA

Rural Development

ARM

Interest Only

Prime

Option ARM

Sub-Prime

Other

Alt-A

2/28 ARM

At Endorsement
Existing Lien Information
Pre-payment penalty on existing loan(s):

YES

If yes, amount of pre-payment penalty:

NO

Senior Lien

Junior Lien 1

Junior Lien 2

Junior Lien 3

Junior Lien 4

0

0

0

0

0

Unpaid Balance:

Accrued Interest:
Total Due:
Write Down Amount:

Tax ID Number:

*For fixed-rate mortgages, the borrower's existing monthly mortgage payment must be in excess of 31% of their gross monthly income as of March 1, 2008.
For ARMs, the payment must be in excess of 31% of their gross monthly income as of March 1, 2008 or the date of the new loan application.
Page 1 of 2

form HUD-92900-H4H

FHA HOPE for Homeowners

U.S. Department of Housing and
Urban Development

OMB 2502 - eoxx
exp 9/30/11

The information collection requirements contained in this document have been submitted to the Office of Management and Budget (OMB) under the Paperwork Reduction Act
of 1995 (44 U.S.C. 3501-3520) and are pending an OMB control number. In accordance with the Paperwork Reduction Act, HUD may not conduct or sponsor, and a person is
not required to respond to, a collection of information unless the collection displays a currently valid OMB control number.

Existing Mortgage Information
•

As of March 1, 2008, the borrower’s aggregate total monthly mortgage
payment debt-to-income ratio (DTI) on all existing mortgages must be
greater than 31 percent of the borrower’s gross monthly incomeIRUIL[HGUDWH
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7KHWRWDOmonthly mortgage payment is defined as the fully-indexed
and fully-amortized3rincipal,QWHUHVW7D[HVDQG,QVXUDQFH3,7,SD\PHQW
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Existing loan payment history:

•

The borrower must have made a minimum of six (6) full payments during the
life of the existing senior mortgage. (Full payment is defined as what was
acceptable to the lender for meeting the monthly payment obligation under
the terms and conditions of the mortgage.)

Combined Loan-to-Value on existing loan(s)

•

Combined Loan-to-Value on existing loans at the time they were originated.

H4H debt to income ratios:

•

The lender must determine that the payment-to-income and debt-to-income
ratios are at, or below, 31 percent and 43 percent, respectively. However,
expanded ratios of up to 38/50 are permitted.

Existing Lien Information Tables:

•

Provide the unpaid principal, accrued interest amounts and EINS for all
existing liens.

DTI:

Indicate the amount of monies owed to the existing lien holders that is
being written down.
In the case of junior lien holders, please indicate whether or not they are
participating in Shared Appreciation.

Page 2 of 2

form HUD-92900-H4H