source:
  type: guide
  id: hud-4000-1-ii-b-maximum-claim-amount
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Maximum
    Claim Amount (04/29/2024)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Maximum
    Claim Amount (04/29/2024).
  coverage_tier: operative
obligations:
- id: hud-4000-1-ii-b-maximum-claim-amount-full
  canonical_id: hud-4000-1-ii-b-maximum-claim-amount-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Maximum
    Claim Amount (04/29/2024)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Maximum
      Claim Amount (04/29/2024)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'b. Maximum Claim Amount (04/29/2024) i. Definition The Maximum
      Claim Amount (MCA) is the lesser of the: • appraised value as determined by
      the Collateral Risk Assessment; • national mortgage limit; or • sales contract
      price (applicable only to HECM for Purchase). II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT
      B. Title II Insured Housing Programs Reverse Mortgages 3. Allowable Mortgage
      Parameters Handbook 4000.1 592 Last Revised: 11/26/2025 ii. Standard The Mortgagee
      must determine the MCA at origination. When the collateral risk assessment determines
      that a second appraisal is required, the Mortgagee must use the lower of the
      two appraised values. The IMIP must not be taken into account in the calculation
      of the MCA. Closing costs must not be taken into account in determining appraised
      value.'
  judgment: false
