24 CFR §200.47 — Firm commitments

fha-24cfr-200-47

HUD / FHA Multifamily · a federal regulation, 24 CFR Part 200, Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.

24 CFR §200.47, Firm commitments. An FHA multifamily program rule in Subpart A—Requirements for Application, Commitment, and Endorsement Generally Applicable to Multifamily and Health Care Facility Mortgage Insurance Programs; and Continuing Eligibility Requirements for Existing Projects of 24 CFR Part 200 (Introduction to FHA Programs).

This register: .xlsx .csv

Verbatim regulatory text (3)

Verbatim provisions from 24 CFR §200.47 — Firm commitments — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

24 CFR §200.47 — Firm commitments

A valid firm commitment must be in effect at the time the mortgage instrument is endorsed.

Source: 24 CFR §200.47 — Firm commitments · source URL · snapshot 9dd9f0df0f4b73a5

24 CFR §200.47(a)

(a) Insurance upon completion. The commitment shall provide the terms and conditions for the insurance of the mortgage: (1) After completion of construction or substantial rehabilitation of the project; or (2) Upon completion of required work, except as deferred by the Commissioner in accordance with terms, conditions and standards established by the Commissioner, for an existing project without substantial rehabilitation.

Source: 24 CFR §200.47(a) · source URL · snapshot 9dd9f0df0f4b73a5

24 CFR §200.47(b)

(b) Insured advances. The commitment shall provide for insurance of the mortgage as provided in paragraph (a) of this section, and for the insurance of mortgage money advanced in accordance with terms and conditions established by the Commissioner during: construction; substantial rehabilitation; or other work acceptable to the Commissioner.

Source: 24 CFR §200.47(b) · source URL · snapshot 9dd9f0df0f4b73a5

Get this regulation in your AI window

Put the verbatim text and its effective date in front of your assistant, instead of whatever it remembers.

Add to Claude Add to ChatGPT

Add to Claude shows the one-time setup: paste one address, no account with us. Add to ChatGPT adds the free C4C app from ChatGPT’s app directory. Either way it’s free.

Get notified if this rule changes

One email when 24 CFR §200.47 — Firm commitments changes: what changed, the new verbatim text, and the effective date. Nothing else.

Double opt-in: we send a confirmation link first. Following one section does not subscribe you to anything else. Privacy.

Source of record: https://claudeforcompliance.com/regs/fha-24cfr-200-47/ · register fha-24cfr-200-47 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.