Finding

Finding

A Finding refers to a determination of defect by FHA, the Lender (for Title I), Mortgagee (for Title II), or other participants, as applicable. Fire Safety Equipment Loan (applicable to Title I only) Fire Safety Equipment Loan refers to a Loan made to finance the purchase and installation of any device or construction feature which is recognized in the latest edition of HUD's Minimum the National Fire Protection Association, and is designed to reduce the risk of death, personal injury, or property damage resulting from a fire in a Health Care Facility. First 12-Month Disbursement Period (applicable to HECMs only) ending on the day before the anniversary date of closing.