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Property Charges (applicable to HECMs only)

FHA Single Family Housing Policy Handbook Glossary November 26 2025

Updated 08-20-2026

Property Charges (applicable to HECMs only)

Property Charges refer to obligations of the Borrower that include: • property taxes; • Hazard Insurance premiums; • applicable Flood Insurance premiums; • Ground Rents; • Planned Unit Development (PUD) fees; • Homeowners’ Association (HOA)/Condominium Fees; and • other special assessments that may be levied by municipalities or state law. Property Flipping

FHA Single Family Housing Policy Handbook Glossary November 26 2025

p. 46

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