Last reviewed 08-20-2026Short-Sale.com Editorialglossary
Initial Payment (applicable to Title I only)
FHA Single Family Housing Policy Handbook Glossary November 26 2025
Updated 08-20-2026
Initial Payment (applicable to Title I only)
Initial Payment refers to the amount of money that a Borrower must pay for non-financeable fees and charges and to fund any portion of the improvement work not covered by the loan amount.
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