The FHA Loan Processing Information feedback messages will assist you in validating information transmitted to Loan Prospector. These messages appear on the Feedback Certificate in the Loan Processing Information section.
Updated: November 2011
Code
FHA Loan Processing Information Feedback Messages
3L
Merged Credit Reference Number for ~Borr1~ is ~Borr1MCRN~.
AJ
Review for Accuracy: FHA and VA Underwriting Guidelines vary for temporary subsidy buydowns. Refer to Handbook and submit allowable ‘Proposed Housing (PITI)’ for qualifying.
AL
Review for Accuracy: This loan was submitted as FHA Credit Qualifying Streamline Refinance.
BN
The maximum mortgage limit for {Property County} County, {Property State} is {$maximum mortgage limit}.
BP
The maximum mortgage limit for {Property County} County, {Property State} cannot be determined from FHA table.
BQ
This loan was with {$alimony amount} in Alimony Paid. Determine {$Total Income} of total income represents net income after lender deducts amount of Alimony Paid. Determine {$Total Debt} of total debt represents all debt minimum amount of Alimony Paid.
BR
The FHA Statutory Investment Requirement for this loan is {$FHA Statutory Investment amount}.
BS
The FHA Minimum Down Payment submitted for this loan is {$Down payment amount}.
BT
This loan was submitted with {$Buyer closing costs} in closing costs paid by the borrower.
BU
The ratios on this loan were submitted with {$Simulated PITI amount} as the simulated PITI, which should be 1% greater than the note rate per FHA/VA guidelines.
EA
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 1} indicates occupancy, but property address differs from his/her current address.
EB
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 2} indicates occupancy, but property address differs from his/her current address.
EC
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 3} indicates occupancy, but property address differs from his/her current address.
ED
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 4} indicates occupancy, but property address differs from his/her current address.
EE
Review for accuracy: Loan is a refinance on a primary residence and {Borrower 5} indicates occupancy, but property address differs from his/her current address.
EF
Review for accuracy: Social security number for {Borrower 1} does not fall within normal parameters.
EG
Review for accuracy: Social security number for {Borrower 2} does not fall within normal parameters.
EH
Review for accuracy: Social security number for {Borrower 3} does not fall within normal parameters.
EJ
Review for accuracy: Social security number for {Borrower 4} does not fall within normal parameters.
EK
Review for accuracy: Social security number for {Borrower 5} does not fall within normal parameters.
EL
Review for Accuracy: Submitted Proposed Housing (PITI) {$PITI} appears to be in error.
EQ
Review for accuracy: This loan was submitted with zero reserves.
ES
Review for accuracy: Property type was not submitted as condo, however condo development name was provided.
ET
Review for accuracy: Property type was not submitted as condo, however condo class was provided.
EX
The information in this section is for validation purposes only. For documentation requirements, please refer to the Documentation Guidelines section on this feedback certificate.
EY
This loan was submitted as a cash-out refinance with cash-out amount of {$cash-out amount}.
EZ
This loan was submitted as a no cash-out refinance.
G0
This loan was submitted with {$asset type - depository} in depository accounts (checking, savings and/or money market).
G1
This loan was submitted with {$reserves} in reserves.
G2
This loan was submitted with {$asset type - gift funds} in gift funds.
G3
This loan was submitted with {$asset type - stock} in stocks and/or bonds.
G4
This loan was submitted with {$asset type - retirement} in retirement accounts.
G5
This loan was submitted with net proceeds of {$asset type - sale of home} from the sale of a home.
GA
Review for Accuracy: Verify submitted loan amount calculation meets FHA or VA eligibility requirements.
J1
~FHACredScor1~ is the FHA TOTAL Scorecard selected credit score from ~FHASelRepos~ for ~Borr1~.
J2
~FHACredScor2~ is the FHA TOTAL Scorecard selected credit score from ~FHASelRepos~ for ~Borr2~.
J3
~FHACredScor3~ is the FHA TOTAL Scorecard selected credit score from ~FHASelRepos~ for ~Borr3~.
J4
~FHACredScor4~ is the FHA TOTAL Scorecard selected credit score from ~FHASelRepos~ for ~Borr4~.
J5
~FHACredScor5~ is the FHA TOTAL Scorecard selected credit score from ~FHASelRepos~ for ~Borr5~.
K0
Review for Accuracy: FHA Underwriting Guidelines vary for New Construction and may affect Maximum Mortgage calculations/LTV. Refer to Handbook and review corresponding Assessment expiration date on feedback certificate.
KH
FHA Case Number is required to be submitted to LP at or before the last submission of this loan.
KJ
The FHA Case Number submitted for this loan is ~FHACaseNumbe~.
KK
The FHA TOTAL Scorecard evaluated this loan through the Loan Prospector platform for processing and feedback
VJ
The FHA Upfront Mortgage Insurance Premium (UFMIP) Factor is (x.xx)%.
