source:
  type: guide
  id: hud-4000-1-ii-e-pre-closing-reviews-by-hud
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — e. Pre-Closing
    Reviews by HUD (05/08/2025)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part II — e. Pre-Closing
    Reviews by HUD (05/08/2025).
  coverage_tier: operative
obligations:
- id: hud-4000-1-ii-e-pre-closing-reviews-by-hud-full
  canonical_id: hud-4000-1-ii-e-pre-closing-reviews-by-hud-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part II — e. Pre-Closing
    Reviews by HUD (05/08/2025)
  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 — e. Pre-Closing
      Reviews by HUD (05/08/2025)
    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: 'e. Pre-Closing Reviews by HUD (05/08/2025) i. Standard All Loans
      are subject to a pre-closing review period in accordance with the Direct Endorsement
      Authority for Manufactured Home Loan process. HUD will examine each Loan prior
      to closing to ensure that the Lender is consistently submitting Loans that satisfactorily
      meet Title I program requirements. Once a Lender has completed the initial pre-closing
      review period, which includes the submission of a minimum of 10 Loans that II.
      ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT E. Title I Insured Programs 4.
      Manufactured Home Loan Program Handbook 4000.1 1115 Last Revised: 11/26/2025
      are approved to close, HUD may approve the Lender for the Title I Direct Endorsement
      Program that will allow the Lender to underwrite and close Title I Manufactured
      Home Loans without prior review by HUD. Lenders that are approved for the Direct
      Endorsement process are not required to submit loan origination documents for
      pre-closing. ii. Pre-Closing Case Binder Submission The Lender must first underwrite
      the Loan, then include the following documents in the case binder and submit
      to the FOC before closing the Loan. Left Side Sales contract(s) or sales agreement(s)
      for unit and/or lot Appraisal – not applicable for newly constructed Manufactured
      Homes; applicable to: • purchase of an existing home; or • refinance of a non
      FHA-insured Loan. Invoices: • Manufacturer’s Invoice; and • skirting, air conditioning,
      other appurtenances, etc. Itemized statement of costs, fees and charges Evidence
      of lot ownership or Leasehold for individual lot Certification of home site
      suitability Form HUD-55014, Warranty for New Manufactured Home Verification(s)
      of identity and SSNs Documentation of CAIVRS and LDP/ General Services Administration’s
      (GSA) SAM clearance Truth-in-Lending Disclosure Right Side Underwriter’s report/worksheet
      showing calculations for maximum loan amount, LTV and debt-to-income ratios,
      and listing any compensating factors Uniform Residential Loan Application (URLA)
      and form HUD-92900-TI Explanation and supporting documentation for adverse credit
      information and/or inquiries Verification of rent payment history Verification(s)
      of payment history for other accounts not on credit report, if any Verification(s)
      of employment, income, and gaps (including explanations) Verification of assets,
      including: • downpayment (deposit); • other assets, if needed to complete the
      transaction or for compensating factor; or II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT
      E. Title I Insured Programs 4. Manufactured Home Loan Program Handbook 4000.1
      1116 Last Revised: 11/26/2025 Right Side • concurrent financing, if any. Source
      of funds for downpayment and other assets Appraisal for Trade-In of Manufactured
      Home (if any for source of funds) Loan processing file notes, if any iii. Lender
      Options for Notice of Return Issued Pre-Closing In the event of a Notice of
      Return (NOR) on a pre-closing case binder review, Lenders may exercise any of
      the following options: • take corrective actions (e.g., submit additional or
      revised documentation) to resolve reasons for the NOR determination; and/or
      • close the Loan without FHA insurance; or • cancel/reject the Loan. iv. Loan
      Approved Once a DE-approved Lender has approved a Loan, the Lender may then
      close the Loan and proceed with the insurance application process. Lenders that
      do not have DE approval must underwrite the case binder and submit to HUD for
      final approval prior to closing the Loan.'
  judgment: false
