Single Family Housing Subsidy Recapture (Direct Loans)

Section B. Maximum Mortgage Amounts on No Cash Out/Cash Out Refinance Transactions ... mortgage calculation for a property acquired less than one year before loan application, and short payoffs. Change Date March 24, 2011 4155.1 3.B.1.a Maximum Mortgage ... write off the amount of the indebtedness that cannot be refinanced into the new FHA- ................
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