The FHA Loan Processing Remarks feedback messages will identify data that either appears to be inconsistent or to contain errors. The feedback messages also identify any additional underwriting steps required to support the transaction. These messages appear on the Feedback Certificate in the Loan Processing Information section, Loan Processing Remarks subsection.
Updated: November 2011
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FHA Loan Processing Remarks Feedback Messages
1L
If credit report shows a contingent mortgage debt, obtain transfer of title and assumption or divorce agreement and do not count debt in borrower's ratios.
AH
W-2(s) are not required if current employer confirms 2 year history, only base pay is used to qualify and borrower signs IRS Form 8821/4506.
AM
If individual federal income tax returns for self-employed borrower show increasing self-employed income for past 2 years and the file includes documentation stating (a) funds required to close do not come from business accounts and (b) the borrower has been self-employed in the same business for at least 5 years, no business tax returns are required.
If applicable, obtain proof of payoff for judgments on credit report.
BX
FHA Direct Endorsement Underwriter signature required on HUD 92900 for this loan. FHA-approved DE Lender must submit this loan for FHA insurance.
CF
Standard forms of documentation (such as written VOE, VOD, income information obtained directly from IRS or FHA-approved electronic verification service) may be used as addressed in the HUD Handbook 4155.
KE
If credit report shows a contingent mortgage debt, obtain transfer of title and assumption or divorce agreement. Do not count in borrower’s ratios if you obtain evidence that the mortgage has been current during the previous 12 months, or that the loan-to-value ratio is at or below 75%.
KL
Include all debts from credit report, alimony, child support, separate maintenance, negative rent, mortgage debt, installment debt paid through payroll deduction and significant debt (payment greater than $100) in ratios.
KM
Include all debts from credit report, alimony, child support, separate maintenance, negative rent, mortgage debt, installment debt paid through payroll deduction and all other debt in ratios.
KN
Enter ZFHA as CHUMS ID on HUD 92900. FHA Direct Endorsement Underwriter signature is not required on HUD 92900, unless loan is downgraded to REFER or CAIVRS shows a Federal Delinquency/Lien. Mortgagee's representative must attest data integrity on HUD 92900A. FHA-approved DE Lender must submit this loan for FHA insurance.
