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FHA UI Quiz Activity
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Which of the following tabs is found in FHA UI: Invoices, Submission, Initial Gate Scrub, or VA?
Initial Gate Scrub
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Which of the following is NOT found in FHA UI: Benefit, Taxes, HOI, or Credit Report?
Credit Report
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After logging into FHA UI, how do you access FHA loans?
By clicking on FHA Processor UI and entering the loan number into the "Search Loan" bar
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The SSN Verification box is red, what should you do?
Check EDMS to see if a SSNV document is in the file. If not, document in LW and notify borrower.
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The Proof of Occupancy box in FHA UI is red, what should you do?
Contact the borrower and request a new valid proof of occupancy and notate in Lakewood.
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Any applicable net tangible benefits should be found under which tab in FHA UI?
State Specific Documents
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What is one document that can be found under seasoning?
Mortgage payment history or VOM (verification of mortgage)
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Why is it important to check the "seasoning" requirements in FHA UI?
Because the FHA requires all borrowers to be making consistent on time payments for a specific period of time.
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What are current FHA seasoning requirements?
At least 210 Days (or six months) must have passed from the Closing Date of the Mortgage that is being refinanced.
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What is the purpose of Address validation in FHA UI?
To make sure that the subject property address and the present address are the same.
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