WBK Industry News - Federal Regulatory Developments

HUD Revises Condominium Forms HUD-9991 and HUD-9992

In Mortgagee Letter 2021-09, HUD announced the publication of Form HUD-9991, FHA Condominium Loan Level/Single-Unit Approval Questionnaire and Form HUD-9992, FHA Condominium Project Approval Questionnaire. Major changes to both forms include, consolidation or elimination of required information, removal of the requirement that the Condominium Association complete the form and sign the certification, and permitting data collected for the questionnaire to be no more than 90 days old prior to the questionnaire being signed.  A complete list of major changes to each form is provided in the Mortgagee Letter. 

Form HUD-9991 use is mandatory for case numbers assigned on or after May 17, 2021, and Form HUD-9992 is mandatory for initial project approval and recertification’s submitted on or after May 17, 2021.   However, both revised forms may be used beginning March 15, 2021. 

Changes to the Forms do not alter requirements found in Handbook 4000.1.