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This document is a form used to set up new FHA case numbers, requiring various pieces of borrower and property information.
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How to fill out new fha case number
How to fill out NEW FHA CASE NUMBER SET-UP DATA
01
Gather the necessary information, including the borrower's personal details and loan specifics.
02
Access the FHA Connection website and log in to your account.
03
Navigate to the 'Case Processing' section.
04
Select 'Case Number Assignment' and choose 'New Case Number Set-Up.'
05
Input the borrower's Social Security Number and other identifying information.
06
Provide details about the property, including the address and type of property.
07
Enter loan information, such as the loan amount and type, verifying accuracy as you go.
08
Review all entered information to ensure it complies with FHA guidelines.
09
Submit the form and record the newly assigned FHA case number for future reference.
Who needs NEW FHA CASE NUMBER SET-UP DATA?
01
Mortgage lenders who are processing FHA loans.
02
Loan officers assisting clients in obtaining FHA financing.
03
Underwriters who need to ensure proper case number assignment for loan approvals.
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People Also Ask about
How do you get an FHA case number?
Once your loan is registered, you can request a new or transfer an existing case number by hovering over Wholesale in the top navigation and clicking FHA Case Request from the dropdown. You will need to upload the signed and dated 1003 to the online form. Complete the information on the form and click Submit.
How do I transfer my FHA case number to a new lender?
When requesting a transfer, the mortgage lender must: Obtain a signed letter from the borrower requesting the transfer. The letter must ask specifically for the FHA case number or appraisal to be transferred to the new lender — it cannot be a blanket copy of an authorization for verifications.
How long does it take to transfer an FHA case number?
The Case Number Processing Dept. will proceed to transfer the FHA Case Number to the new lender. Important: FHA requires the current lender to assign the case number to the new lender in FHA Connection immediately upon the Borrower's request but no later than within 5 business days of the request for transfer.
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What is NEW FHA CASE NUMBER SET-UP DATA?
NEW FHA CASE NUMBER SET-UP DATA is a form used by lenders to create a new case number for an FHA loan, which is necessary for processing and tracking the loan through the FHA system.
Who is required to file NEW FHA CASE NUMBER SET-UP DATA?
Lenders who originate FHA loans are required to file NEW FHA CASE NUMBER SET-UP DATA as part of the loan application process.
How to fill out NEW FHA CASE NUMBER SET-UP DATA?
To fill out the NEW FHA CASE NUMBER SET-UP DATA, lenders must provide essential information such as the borrower's details, loan specifics, and property information accurately and completely per FHA guidelines.
What is the purpose of NEW FHA CASE NUMBER SET-UP DATA?
The purpose of NEW FHA CASE NUMBER SET-UP DATA is to establish a record for the FHA loan in the FHA system, which helps maintain accurate loan processing and tracking throughout the lifecycle of the mortgage.
What information must be reported on NEW FHA CASE NUMBER SET-UP DATA?
Information that must be reported includes the borrower's name, social security number, loan amount, property address, and the lender's information, along with other details required by FHA.
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