Property Charges (applicable to HECMs only)
Last updated 2026-08-02
HUD 4000.1 Glossary
Updated 2026-08-02
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; • Homeowners’ Association (HOA)/Condominium Fees; • Planned Unit Development (PUD) fees; • other special assessments that may be levied by municipalities or state law. Property Flipping
HUD 4000.1 Glossary
p. 46
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