Tuesday, January 26, 2010

query: where do you put the FHA 203k escrow on the 2010 HUD-1?

Good question.  I haven't closed a renovation on the new HUD form yet, but have a few files pending.  My guess at this point is that the renovation escrow would be in the same section as the appraisal fee and FHA MIP.  What are your thoughts?

1 comment:

Diane Cipa said...

We closed our first renovation loan on a new HUD on Friday and the rehab escrow went into the same section as the appraisal, FHA MIP, etc. as expected.