2.12 MAP Underwriter Transfers
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. MAP Underwriters in good standing may transfer to another approved MAP Lender.
MAP Guide, March 2021 Go to beginning of Chapter 2
Bookmarked Version Go to Acronym and Abbreviation List, Glossary, Index
Chapter 2 Page 2-23
To return to this page after clicking a link, press ALT + Back Arrow
Chapter 2 Lender Qualifications and Practices 2.12 MAP Underwriter Transfers
Go to Table of Contents
B. A written request for transfer approval should be submitted electronically in PDF format to COB, on behalf of the transferring MAP Underwriter, by a senior officer with signatory authority for the MAP Lender to which the MAP Underwriter has or intends to transfer and include the following exhibits:
Resume of the Underwriter that demonstrates the specific qualifications, education, and the level of experience.
Evidence of prior MAP Underwriter approval.
A list of MAP loans processed and underwritten by the Underwriter that reached Firm Commitment, certified and signed by the Underwriter applicant. The list must contain the following warning:
“Warning: Federal law provides that anyone who submits (or causes to submit) a document containing any false, fictitious, misleading, or fraudulent statement/certification or entry may be criminally prosecuted and may incur civil administrative liability. Penalties upon conviction can include a fine and imprisonment, as provided pursuant to applicable law, which includes, but is not limited to, 18 U.S.C. 1001, 1010, 1012; 31 U.S.C. 3729, 3802, 24 C.F.R. Parts 25, 28 and 30, and 2 C.F.R. Parts 180 and 2424. The signatory certifies that the information provided herein is true and accurate.”
A detailed list of all prior MAP loan defaults, assignments or claims with which the Underwriter was associated, including a detailed explanation of the circumstances of each default, assignment, or claim, and any applicable mitigants.
Approved Chief Underwriters are delegated the authority to approve MAP Underwriter transfers by certifying to COB that the transferee is qualified in accordance with items in Section 2.12.B.1-4 above.
MAP Guide, March 2021 Go to beginning of Chapter 2
Bookmarked Version Go to Acronym and Abbreviation List, Glossary, Index
Chapter 2 Page 2-24
To return to this page after clicking a link, press ALT + Back Arrow
Chapter 3 Programs 3.1 General Program Requirements
Go to Table of Contents
Get a plain-English answer with a citation back to this text.
Ask AI about this code