Mandatory Obligations (applicable to HECMs only)
Last updated 2026-08-01
FHA Single Family Housing Policy Handbook Glossary November 26 2025
Updated 2026-08-01
Mandatory Obligations refer to fees and/or charges incurred in connection with the origination of the HECM that are requirements for loan approval and which will be paid at closing or during the First 12-Month Disbursement Period.
FHA Single Family Housing Policy Handbook Glossary November 26 2025
p. 30
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