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b. Mortgagee Pre-endorsement Review Requirements (04/10/2025)
When conducting the pre-endorsement review, the Mortgagee must review and verify the following items, as applicable. All documents must be legible.
i. Late Submission Letter
The Mortgagee must confirm that the Late Submission Letter is completed, if necessary.
ii. Form HUD-92900-LT, FHA Loan Underwriting and Transmittal Summary
The Mortgagee must confirm that the form is completed. The form must be signed and dated by the underwriter, as applicable.
iii. Note (Including Any Secondary Mortgage)
The Mortgagee must confirm that the Note is the Authoritative Copy, the Borrower name on the Note matches form HUD-92900-LT, and the required language from the Model Note is present. The Mortgagee must also confirm that:
• the Note has been executed;
• the mortgage amount is not higher than approved by the underwriter on form HUD-92900-LT;
• the term of the Mortgage is the same as on the Fannie Mae Form 1003/Freddie Mac Form 65, Uniform Residential Loan Application (URLA); and
• all applicable allonges, agreements, and riders are properly executed.
iv. Security Instrument
The Mortgagee must confirm that the security instrument:
• is the Authoritative Copy;
• has been executed (along with all riders indicated on the last page of the security instrument);
• includes the principal balance that is not higher than, and maturity date that is not different than, that approved by the underwriter; and
• lists the same property address as the URLA (Fannie Mae Form 1003/Freddie Mac Form 65).
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v. Closing Disclosure and Settlement Certification
The Mortgagee must confirm that the Closing Disclosure or similar legal document is complete and signed by all required parties, and the Settlement Certification is complete and signed by the Borrower, seller (as applicable, except in case of HUD Real Estate Owned (REO) Sales), and settlement agent. The Settlement Certification is not required for refinance transactions. If the seller’s Closing Disclosure or similar legal document is provided separately, the Mortgagee must obtain from the Closing Agent a copy of the final Closing Disclosure provided to the seller to keep in the case binder.
vi. Final Uniform Residential Loan Application
The Mortgagee must confirm the URLA (Fannie Mae Form 1003/Freddie Mac Form 65) is signed and dated by the Mortgagee and all Borrowers. If the final URLA is not signed by the Mortgagee, the initial application signed by the Mortgagee is acceptable.
vii. Form HUD-92900-A, HUD Addendum to Uniform Residential Loan Application
The Mortgagee must confirm that form HUD-92900-A, HUD Addendum to Uniform Residential Loan Application, is completed as instructed on the form.
viii. Credit Report(s)
The Mortgagee must confirm that the mortgage file contains a credit report for each Borrower. If the Borrower resides in a community property state, or if the Property is located in a community property state, confirm that the mortgage file contains a credit report for a non-borrowing spouse, unless excluded by state law. If there are multiple credit reports, all credit reports must be submitted in the case binder.
ix. CAIVRS Report
The Mortgagee must confirm that the mortgage file contains a clear Credit Alert Verification Reporting System (CAIVRS) report or documentation from the creditor agency to support the verification and resolution of the debt.
x. Asset Verification
The Mortgagee must confirm that the mortgage file contains the Verification of Deposit
(VOD) and/or bank statements.
xi. Gift Letter
The Mortgagee must confirm that the mortgage file contains a gift letter if a Gift is shown on form HUD-92900-LT.
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xii. Secondary Financing Documentation
The Mortgagee must confirm that the mortgage file contains a copy of the Mortgage and Note, if applicable.
xiii. Income Verification
The Mortgagee must confirm that the mortgage file contains verification of the Borrower’s income.
xiv. Evidence of the Social Security Number
The Mortgagee must confirm that the mortgage file contains evidence of the Borrower’s Social Security Number (SSN).
xv. Form HUD-92300, Mortgagee’s Assurance of Completion
The Mortgagee must confirm that form HUD-92300, Mortgagee’s Assurance of Completion, is completed and signed, if applicable.
xvi. Form HUD-92051, Compliance Inspection Report, or Fannie Mae Form
1004D/Freddie Mac Form 442, Appraisal Update and/or Completion Report
(A) Form HUD-92051, Compliance Inspection Report
The Mortgagee must confirm that form HUD-92051, Compliance Inspection Report, is completed, signed, and dated by an approved inspector. Local government inspection with the underwriter certification may be accepted.
(B) Fannie Mae Form 1004D/Freddie Mac Form 442, Appraisal Update and/or
Completion Report
The Mortgagee must confirm that Fannie Mae Form 1004D/Freddie Mac Form 442, Appraisal Update and/or Completion Report, Part B, is completed, signed, and dated by an FHA Appraiser in good standing on the FHA Appraiser Roster.
xvii. Form NPMA-33, Wood Destroying Insect Inspection Report
The Mortgagee must confirm that the file contains the National Pest Management Association (NPMA) form NPMA-33, Wood Destroying Insect Inspection Report, or the state mandated infestation report, as applicable.
xviii. Local Health Authority’s Approval for Individual Water and Sewer Systems
The Mortgagee must confirm that the file contains the Local Health Authority’s approval for Individual Water Supply Systems and sewer systems, if applicable.
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xix. New Construction Exhibits
For New Construction, the Mortgagee must confirm that the documentation requirements found in the New Construction product sheet are in the mortgage file.
xx. Form HUD-92800.5B, Conditional Commitment Direct Endorsement Statement of
Appraised Value
The Mortgagee must confirm that form HUD-92800.5B, Conditional Commitment Direct Endorsement Statement of Appraised Value, is completed.
xxi. Appraisal Report
The Mortgagee must confirm that the original Fannie Mae Form 1004/Freddie Mac Form 70, Uniform Residential Appraisal Report (URAR), or other appropriate appraisal form, is complete and contains the Appraiser’s signature and date.
xxii. Specialized Eligibility Documents
The Mortgagee must confirm that the mortgage file contains all required program- specific documents.
xxiii. Sales Contract and Addenda
The Mortgagee must confirm that the Sales Contract, addenda, and the Amendatory Clause are signed by all Borrowers and sellers. The Amendatory Clause is not required on REO Sales, or 203(k) Mortgages.
The Mortgagee must confirm that Real Estate Certification is signed by Borrowers, sellers, and selling real estate agent or broker if their signature is not contained within the purchase agreement.