Informed Consumer Choice Notice and Application for FHA Insured Mortgage

ICR 201411-2502-011

OMB: 2502-0059

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2014-12-01
Justification for No Material/Nonsubstantive Change
2014-12-01
Supplementary Document
2014-02-24
Supplementary Document
2014-02-20
Supporting Statement A
2014-02-20
IC Document Collections
ICR Details
2502-0059 201411-2502-011
Historical Active 201310-2502-011
HUD/OH 2502-0059
Informed Consumer Choice Notice and Application for FHA Insured Mortgage
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 12/08/2014
Retrieve Notice of Action (NOA) 11/17/2014
  Inventory as of this Action Requested Previously Approved
06/30/2017 06/30/2017 06/30/2017
4,743,185 0 4,743,185
534,931 0 534,931
0 0 0

The forms and related documents are needed to determine the eligibility of the borrower and proposed mortgage transaction for FHA's insurance endorsement. Lenders seeking FHA's insurance prepare these forms.

US Code: 12 USC 1709 Name of Law: National Housing Act
  
PL: Pub.L. 110 - 185 H.R.5140 Name of Law: Economic Stimulus Act of 2008

Not associated with rulemaking

  78 FR 75365 12/11/2013
79 FR 10178 02/24/2014
No

1
IC Title Form No. Form Name
Application for FHA-Insured Mortgage HUD 92900-LT, HUD-92900-A, HUD-92561, HUD-92544, Consumer Choice Note Mortgagor's Contract ,   Warranty of Completion of Construciton ,   Consumer Choice Note ,   FHA Loan and Underwriting and Summary Transmittal ,   Addendum to URLA

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 4,743,185 4,743,185 0 0 0 0
Annual Time Burden (Hours) 534,931 534,931 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$2,118,312
No
No
No
No
No
Uncollected
Theresa Herrity 202 402-6652

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
11/17/2014


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