The Mortgagor's Certificate of Actual Cost is submitted by the mortgagor to certify actual costs of development in order to make an informed determination of mortgage insurance acceptability and to prevent windfall profits. Its use provides a base for evaluating housing programs, labor costs, and physical improvements in connection with the construction of multifamily housing
The latest form for Mortgagor's Certification of Actual Cost expires 2021-06-30 and can be found here.
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Form and Instruction |
Supplementary Document |
Supporting Statement A |