Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Initial Payment (only applicable to Title I)

HUD 4000.1 Glossary

Updated 10-31-2026

Initial Payment (only applicable to Title I)

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.

HUD 4000.1 Glossary

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