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FHA Connection Notice of Return Codes
- -
 Information by State
 Print version
 
Explanation of Notice
of Return Codes

 

CodeExplanation
R01 Submit Builder's Warranty (form HUD-92544).
R02Submit Code Compliance Inspection.
R03Submit Firm Commitment (form HUD-92900-A).
R04Submit copy of Promissory Note on first mortgage.
R05Submit copy of Mortgage Deed Trust.
R06Submit copy of Loan Settlement Sheet.
R07Interest rate exceeds Firm Commitment rate by more than 1%.
R08Upfront mortgage insurance premium (MIP) received is not sufficient.
R09Submit Promissory Note on Second Mortgage (Section 235).
R10Submit Rehab Agreement.
R11Submit Buy-Down Escrow Agreement.
R12Lender submitting Closing Package is not approved.
R13Submit Letter of Assignment.
R14Lender's certification on Firm Commitment is not signed and dated.
R15Borrower's certification on Firm Commitment is not signed and dated.
R16Submit Mortgage Note on approved form.
R17Mortgage amount exceeds maximum allowed.
R18Date of first payment is more than three months after lender's certification date.
R19 Maturity Date is misstated by more than one year.
R20Monthly PI payment does not conform to established amortization provisions.
R21Submit statement that payments on the mortgage loan are current.
R22Submit plans or identify builder eligible to certify plans.
R23Condominium or subdivision is not approved/accepted by HUD.
R24Final compliance inspection has not been received.
R25Investor slot is not available in the condominium project.
R26Upfront mortgage insurance premium (MIP) late charges due.
  
Last revised: February 1, 2006
  
        

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