Quick Start: Title I Property Improvement Loans

Under HUD's Title I Program, participating lenders make loans to finance property improvements or the purchase of manufactured homes. HUD insures the lender against loss should the borrower default on the loan. The Title I Property Improvement Loans menu is used to process property improvement cases (loans). Its functions are described in the table below. Title I Property Improvement Loans Menu Menu Option Description Report a New Loan for Insurance When a lender closes a new Title I FHA-insured loan to finance property improvements, this function allows the lender to establish insurance for the loan in HUD's Title I system and be assigned an FHA Title I case number. Report a Refinance for Insurance When a lender closes a refinanced Title I FHA-insured loan for property improvements, Report a Single Refinance for Insurance allows the lender to establish insurance for the new refinance loan in HUD's Title I system and be assigned an FHA Title I case number. Reporting Multiple Property Improvement Loans This function allows bulk reporting of multiple Title I Property Improvement loans for insurance via batch file transmissions to HUD's Secure Shell File Transfer Protocol (SFTP) server. Service Bureau Authorization Lending institutions that choose to use the financial services of HUD-approved service bureaus for their loans must authorize the service bureau(s) to perform servicing tasks on the FHA Connection. The Service Bureau Authorization function allows the lender's Application Coordinator(s) to select an approved service bureau to access the appropriate Title I functions, e.g., Report Single Loans or Report Multiple Loans. See Service Bureau Administration [PDF] for additional information. Note: Service bureaus are organizations contracted by lending institutions to provide financial services for their loans. Service bureaus access the FHA Connection to perform servicing tasks designated by the lender(s) with which they are associated. CAIVRS Authorization Lists available information on a potential borrower's default, claim, judgment, or foreclosure on a past government loan or guarantee.