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FHA Refinance MCAW screen
Most of the information needed on the MCAW can be pulled from other screens.
To complete the FHA Refinance MCAW:
Select Forms > Federal Housing Administration (FHA) > FHA MCAW–Refinance
1
(HUD-92900-WS).
Select a Refinance Type from the dropdown list.
2
Each of the options listed has a different calculation effect on the MCAW to generate
and copy the Maximum Loan Amount correctly:
•
•
•
•
If the loan is an EEM, enter the amount of qualifying improvements in the
3
Efficient Improvements
This amount is used to calculate the Maximum Loan Amount and the EEM Qualifying
Ratios in the Remarks field at the bottom of the MCAW.
In the
4
existing mortgage in the
In the
5
cannot be financed.
In the
6
Point User Guide
Select Federal Housing Administration (FHA) > FHA Combined MCAW–
Purchase.
The information is automatically populated from both the
Prospect Information
Refer to Chapter 5,
Loan Application,
Loan Application
the
Borrower Information
Complete the
Good Faith Estimate
Streamline with Appraisal
Streamline without Appraisal
Regular Refinance
Cash-Out Refinance
field.
Settlement Requirements/Mortgage Calculation
Existing Mortgage Lien
Repairs and Improvements
field, 10d, enter any MIP Refund due to the borrower.
MIP Refund
screens and the MCAW screens.
Related information
for information about filling out
.
Prerequisites
Loan Application
screen,
before you complete the MCAW screens.
field, 10a.
field, 10b, enter any repairs and improvements that
FHA loans
Borrower
and
, and
Energy
section, enter the payoff of the
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