HUD Handbook 4000.1 IV.C.2.g: Interim Interest

Document: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook
Section date: May 9, 2022
Version in Zeitro Strata: August 12, 2026
Where: page 1693 of 1872
Official text: HUD Handbook 4000.1, FHA Single Family Housing Policy Handbook on the FHA website

Page 1693

g. Interim Interest (05/09/2022)

Interim Interest refers to the interest the Lender earns from the date of Default to the claim submission date on form HUD-637, plus 15 Days.

HUD pays interim interest on the loan balance, up to a maximum of nine months of interest.

The interim interest rate is the Treasury Current Value of Funds Rate, as determined and posted by the Department of the Treasury.

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