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13.14.6 Mortgage Insurance Premium

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

A. The FHA Comptroller’s office cannot compute the exact amount of MIP due during the construction period until the project has been completed and the Washington Docket forwarded to Headquarters.

  1. For a project involving insurance of advances, allow the higher MIP rate applicable to the specific FHA insurance program being used, per annum on the mortgage amount on the basis of accrual for the number of days in the period used in Section 13.14.3 above, when applicable.

  2. For a project involving insurance upon completion, no MIP is paid during construction.

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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