HUD Handbook 4000.1 II.E.1: Direct and Dealer Loan Process for Property Improvement Loan Program

Document: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Version in Zeitro Strata: August 12, 2026
Where: page 896 of 1872
Official text: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook on the FHA website

Ask Zeitro Strata about this section Create a free Zeitro account

Page 896

1. Direct and Dealer Loan Process for Property Improvement Loan Program

Loans insured under FHA’s Property Improvement Loan program are categorized by either of two origination processes: Direct Loans or Dealer Loans.

A Dealer refers to, in the case of Property Improvement Loans, a seller, contractor, or supplier of goods or services. A Dealer can be used in either the Direct Loan or Dealer Loan processes.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.