Direct Endorsement Lender Review and Approval Process (DELRAP)
Last updated 2026-08-02
HUD 4000.1 Glossary
Updated 2026-08-02
Direct Endorsement Lender Review and Approval Process (DELRAP)
Direct Endorsement Lender Review and Approval Process (DELRAP) refers to the review of a Condominium Project by a Mortgagee that has been granted DELRAP authority.
HUD 4000.1 Glossary
p. 13
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