source:
  type: guide
  id: hud-4000-1-iv-p-terminating-title-i-premium-billing
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part IV — p. Terminating
    Title I Premium Billing (05/09/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part IV — p. Terminating
    Title I Premium Billing (05/09/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-iv-p-terminating-title-i-premium-billing-full
  canonical_id: hud-4000-1-iv-p-terminating-title-i-premium-billing-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part IV — p. Terminating
    Title I Premium Billing (05/09/2022)
  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 IV — p. Terminating
      Title I Premium Billing (05/09/2022)
    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: 'p. Terminating Title I Premium Billing (05/09/2022) Title I
      Lenders are obligated to pay the loan insurance premium on any insured Loan
      until it matures, or until the Loan is prepaid in full or an insurance claim
      is filed. This obligation continues even if: • the Lender has exhausted its
      insurance coverage reserve account, provided that the Loan is current; and/or
      • the Lender decides to terminate its Title I Contract of Insurance. The Title
      I insurance may be terminated under the following circumstances: • the Lender
      files a claim on a Defaulted Loan; or • the Title I Loan is paid in full. (Enter
      “paid-in-full” as the exception reason on the Annual Exception Payment screen,
      under Title I Servicing in FHAC.)'
  judgment: false
