FHA Single Family Housing Policy Handbook 4000.1, II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT > A. TITLE II INSURED HOUSING PROGRAMS FORWARD MORTGAGES > 2. Allowable Mortgage Parameters — d. Maximum Mortgage Term
HUD effective date: 09/14/2015 · section II.A.2 · Handbook 4000.1
FHA Single Family Housing Policy Handbook 4000.1, Part II — d. Maximum Mortgage Term (09/14/2015).
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Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT > A. TITLE II INSURED HOUSING PROGRAMS FORWARD MORTGAGES > 2. Allowable Mortgage Parameters — d. Maximum Mortgage Term — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part II — d. Maximum Mortgage Term (09/14/2015)
d. Maximum Mortgage Term (09/14/2015) The maximum mortgage term may not exceed 30 years from the date that amortization begins. FHA does not require that mortgage terms be in five year multiples.
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