Questions

2.86K views
0
0 Comments

All HUD insured mortgages must amortize through a level annuity monthly payment plan (LAMP), with
equal monthly payments of principal and interest. Variations are not permissible. This restriction does
not prevent separate tranches within one promissory note (e.g. An A and B pieces).

Greg Hunter Changed status to publish February 9, 2021
Copyright © 2021 HUD221d4.com. HUD221d4.com is a PHA Capital company. This website is owned by a private company that offers business advice, information and other services related to multifamily, commercial real estate and other financing. We do not provide legal, accounting, or brokerage advice. We have no affiliation with any government agency and are not a lender. By using this website, you agree to our use of cookies, our Terms of Use and our Privacy Policy. We use cookies to provide you with a great experience and to help our website run effectively. You also understand that we are not affiliated with the Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA). If you need to visit the FHA directly please visit www.hud.gov.