HUD-92577 Request for Acceptance of Changes in Approved Drawings a

Request for Acceptance of Changes in Approved Drawings and Specifications

Highlighted HUD 92577 Updated 10-17-18

Request for Acceptance of Changes in Approved Drawings and Specifications

OMB: 2502-0117

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Request for Acceptance of
Changes in Approved
Drawings and Specifications

U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner

OMB Approval No. 2502-0117
(exp. 04/30/2019)

See Instructions and Conditions on Page 2.
Public reporting burden for this collection of information is estimated to average 30 minutes per response, including the time for reviewing instructions, searching existing data sources,
gathering and maintaining the data needed, and completing and reviewing the collection of information. This information is required to obtain benefits and mandatory. HUD may not collect
this information, and you are not required to complete this form unless it displays a currently valid OMB control number.
Section 203(b)(7) of the National Housing Act authorizes the Secretary of the Department of Housing and Urban Development to use his/her discretion with respect to the handling of insurance,
repairs, and alternations. Builders who request changes to HUD’s accepted drawings and specifications for proposed constructions properties as required by homebuyers, or determined by
the builder use the information collection. The lender reviews the changes and amends the approved exhibits. These changes may affect the value shown on the HUD commitment. While
no assurances of confidentiality are pledged to respondents, HUD generally discloses this data only in response to a Freedom of Information request.
A rehabilitation loan which meets the requirements of 24 CFR 203.50, except as modified by this section, shall be eligible for insurance under Section 203(k) of the National Housing Act, and
this form may be used for it.
Property Address

Case(s) No.

Mortgagee's Name & Address

Request No.

We request acceptance of the following changes in the approved drawings and
specifications of the above numbered case or cases.
We Request
We Do Not Request
an increase in the value and loan amounts if these changes warrant such an increase.

Description:

Builder's Estimate of
cost on each change

HUD/VA Estimate of effect
on cost of each change

I, the undersigned, certify that under penalty of perjury that the information provided above is true and correct. WARNING:
Anyone who knowlingly submits a false claim, or makes false statements is subject to criminal and civil penalties, including
confinement for up to 5 years, fines, and civil penalties. (18 U.S.C. §§287, 1001 and 31 U.S.C §3729)
Borrower (If known)

Date

Builder, Sponsor, or Consultant

Date

For Mortgagee

Date

Determination as to Acceptability

Changes Acceptable

Changes Unacceptable

Changes Acceptable, provided (list any conditions)

Endorsement to Notice of Value (for VA use only)
This endorsement takes precedence over and specifically amends the outstanding NOV for the property with the above identifying number.
Any condition stated on the outstandingNOV, not specifically referred to and modified herein, remains in full force and effecutntil expiration of the validity period.
Established reasonable value revised to $
Department of Veterans Affairs
Federal Housing Commissioner

Authorized Agent

Previous edition may be used untill supply is exhausted

I.D. Number

Date

DE
VA Form 26 - 1844

form HUD - 92577 (05/2016)
ref Handbooks 4145.1, 4115.3, 4000.4, 4240.4

Request for Acceptance of Changes (continued)

Instructions
The mortgagor in this request is defined as the owner or possible
future owner of the property, whose interest in the property is
evidenced by any written contract of sale, deed, receipt of down
payment, letter or other instrument dated prior to the signing of this
request by the builder or sponsor.
If acceptance by the VA is requested, the original and at least two
copies of this form shall be submitted by the mortgagee. If acceptance by HUD is requested, the original and at least one copy of this
form shall be submitted by the mortgagee. Upon determination as to
acceptability of the request, the original will be returned to the
mortgagee for transmittal to the builder or sponsor. If the request
covers more than one case and mortgagors are unknown, submit
one additional copy for each additional case.

Designate each requested change by a letter (using a, b, c, etc.). If
additional space is necessary to properly describe the changes, use
this side of the form or an attachment. Also, attach revised drawings
and/or supporting descriptive data when necessary. State the
amount by which the construction cost will be increased or decreased as the net result of each proposed change.
This request shall be signed by (1) the borrower, if any, (2) the builder
or sponsor, and (3) the mortgagee. If the borrower, as defined above,
is unknown, the builder or sponsor shall insert "Unknown" in the
space for the mortgagor's signature and initial this insertion.
Builder accepts all risk for constructing change(s) prior to receiving
HUD or VA acceptance.

Conditions of Acceptance
Acceptance of changes implies in no way that the mortgage insurance or Notice of Valueof the above case or cases willbe increased
when the net effect of all accepted changes is an increase in the
total construction cost. Acceptance of changes is
subject to the
condition that inspection will show that all constructioinnvolved equasl
or exceeds the applicable HUD or VA Minimum
Property Standards and all Local Codes and ordinances.

In accepting any changes it is assumed that they will be executed. If
an accepted change is not executed, it must be nullified by submitting
another copy of this form amending the construction exhibits so as
to restore the drawings and specifications to the status existing prior
to acceptance of the change or to a modification of such prior existing
status as may be specified.

Previous edition may be used untill supply is exhausted

VA Form 26 - 1844

form HUD - 92577 (04/2005)
ref Handbooks 4145.1, 4115.3, 4000.4, 4240.4


File Typeapplication/pdf
File Modified2018-10-17
File Created2017-11-17

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