What Is the FHA 92900A Form?
The Federal Housing Administration (FHA) uses Form 92900A as the application for mortgage insurance. Every FHA mortgage requires the completion of this form.
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FHA Mortgage Insurance
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FHA uses Form 92900A as the primary document to assign mortgage insurance to a mortgage transaction. The U.S. Department of Housing and Urban Development's "Endorsing a Single Family FHA Case" (see link in References section) outlines this direct endorsement process. As underwriters obtain information regarding the mortgage, they enter the data into the FHA Connection, which issues the official mortgage insurance approval.
Addendum to Mortgage Application
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The borrower signs Form 92900A as an addendum to the residential mortgage loan application. A mortgage originator completes the lender portion of the document and signs it to attest to the accuracy of his information. The borrower's signature confirms the accuracy of her information, including a statement that the property will be occupied as her principal residence.
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Closing of Escrow
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The borrower receives a copy of Form 92900A at the closing of escrow. According to page four of Form 92900A, the borrower's signature certifies the final accuracy of the data at the closing of escrow. The borrower receives a copy of this document with his mortgage packet.
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