;`(C) be completed by an appraiser who meets the competency requirements of the Uniform Standards of Professional Appraisal Practice;`(D) be wholly consistent with the appraisal standards, practices, and procedures under section 202(e) of this Act that apply to all loans insured under this Act; and`(E) comply with the requirements of subsection (g) of this section (relating to appraisal independence).`(9) DOCUMENTATION AND VERIFICATION OF INCOME- In complying with the FHA underwriting requirements under the HOPE for Homeowners Program under this section, the mortgagee under the mortgage shall document and verify the income of the mortgagor by procuring an Internal Revenue Service transcript of the income tax returns of the mortgagor for the 2 most recent years for which the filing deadline for such years has passed and by any other method, in accordance with procedures and standards that the Board or the Secretary shall establish.`(10) MORTGAGE FRAUD- The mortgagor shall not have been convicted under any provision of Federal or State law for fraud, including mortgage fraud.`(11) PRIMARY RESIDENCE- The mortgagor shall provide documentation satisfactory in the determination of the Secretary to prove that the residence covered by the mortgage to be insured under this section is occupied by the mortgagor as the primary residence of the mortgagor, and that such residence is the only residence in which the mortgagor has any present ownership interest.

In addition, some lender loss mitigation departments have their own rules, policies, and procedures.

Be sure you know the procedure for doing the rezoning.

What they really need is an atty. based near them to handle the procedures you mention.JET

Remember the old joke that asked what we would do if there was a medical procedure that extended anyone's life by 20 years but cost a million dollars?

There has been an expediter from the Engineer's office coordinating documents on occasion up until 8/08.Now I have taken over the project and would like to get a clearer idea of what the standard operating procedures are.1.

California Housing and Urban Development - then search for Cali... it will guide you through the procedure.

I am one example - We give the bank document, that shows our firm have 35 000 euro profit for the last year and this was not enough We mortgage one of our flats and after all this 1 month and a half procedure we get 8.5 % rate for year.

A PM won't give you bad references, so use your opportunity on the phone with these references to ask questions about procedure and process.

Instead of having to take the time and hassle to go learn local real estate issues (like laws, forms, procedure, market) using me eliminates 99% of the hassle.