8.12.2 Application for Mortgage Insurance
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. At the Firm Commitment processing stage, the applicant must:
Identify the use of grant/loan funds on form HUD-92013, Application for Project Mortgage Insurance.
Submit: A commitment letter signed by an authorized agent of the governmental agency or instrumentality or the non-government source identifying:
- Amount of grant/loan funds including all repayment terms and conditions and any regulatory restrictions that affect the operation of the property.
- Intended use of the grant/loan funds.
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Chapter 8 Mortgage Credit 8.12 Firm Commitment Processing with Grants and Loans
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Any conditions to the grant/loan and any reasons the commitment letter could be withdrawn.
- That the grant/loan is not subject to a future appropriation or funding availability that is not currently in the hands of and available for disbursement by the governmental agency or instrumentality or the non-government source.
B. Any type of grant/loan not disclosed by the Borrower may result in a rejected application or the issued Firm Commitment made null and void.
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