Late Charges (applicable to HECMs only)
Last updated 2026-08-01
FHA Single Family Housing Policy Handbook Glossary November 26 2025
Updated 2026-08-01
Late Charges refer to charges assessed if the IMIP payment is received more than twenty Days after the Closing Date.
FHA Single Family Housing Policy Handbook Glossary November 26 2025
p. 27
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