FHA Single Family Housing Policy Handbook 4000.1, Part IV — f. Loan Balance as of Default Date (04/10/2025)
FHA Single Family Housing Policy Handbook 4000.1, Part IV — f. Loan Balance as of Default Date (04/10/2025).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part IV — f. Loan Balance as of Default Date (04/10/2025) — 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 IV — f. Loan Balance as of Default Date (04/10/2025)
f. Loan Balance as of Default Date (04/10/2025) The date of Default is 30 Days after the due date of the first unpaid installment. Any amount received from a Partial Payment to a full monthly installment must be applied to the Loan and advance the next payment due date and the associated date of Default. The loan balance as of the date of Default is the balance as of the last credited payment plus accrued interest up to 30 Days past the due date of the first unpaid installment.