Set-Aside (applicable to HECMs only)
Last updated 08-20-2026
FHA Single Family Housing Policy Handbook Glossary November 26 2025
Updated 08-20-2026
Set-Aside (applicable to HECMs only)
A Set-Aside refers to an amount of funds withheld by the Mortgagee from the Borrower’s HECM funds for payment of certain fees and expenses. Set-Aside types include: • Repair Set-Asides • Property Charge Set-Asides • Servicing Fee Set-Asides
FHA Single Family Housing Policy Handbook Glossary November 26 2025
p. 52
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