FHA Single Family Housing Policy Handbook 4000.1, Part II — c. Direct Endorsement Lender Review and Approval Process (10/15/2019)
FHA Single Family Housing Policy Handbook 4000.1, Part II — c. Direct Endorsement Lender Review and Approval Process (10/15/2019).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part II — c. Direct Endorsement Lender Review and Approval Process (10/15/2019) — 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.
FHA Single Family Housing Policy Handbook 4000.1, Part II — c. Direct Endorsement Lender Review and Approval Process (10/15/2019)
c. Direct Endorsement Lender Review and Approval Process (10/15/2019) i. Definition Direct Endorsement Lender Review and Approval Process (DELRAP) refers to the review of a Condominium Project by a Mortgagee that has been granted DELRAP authority. ii. Standard DELRAP may be used for the Full Review, Recertification Review, or Phasing Review. The Recertification Review or Phasing Review must be completed by the same Mortgagee that previously approved the Condominium Project. DELRAP may not be used for MHCPs, newly converted Condominium Projects or any project that has completed a Resolution of Financial Distress Event within the past 36 months. If the DELRAP review indicates that the Condominium Project is ineligible, the Mortgagee must complete the review and enter the denial decision and data into FHAC. If the Mortgagee starts a review for a Condominium Project, the Mortgagee must complete review. A Mortgagee with DELRAP authority may submit a Condominium Project for approval under HRAP. iii. Submission Process FHAC is the system used to record, list and track all data for Condominium Projects that have been processed. FHAC is used for data entry, processing and reporting. Mortgagees must use FHAC to: • determine the existing approval status of a Condominium Project; • enter the Condominium Project information; • assign the approval status after the Condominium Project has been reviewed; and • upload required Condominium Project documents in a PDF. The Mortgagee must retain all documentation related to the Condominium Project’s DELRAP review for a period of seven years and must provide the Condominium Project information and documentation to HUD/FHA upon request. Mortgagees with Conditional DELRAP Authority must also follow the guidance in Conditional DELRAP Authority. II. ORIGINATION THROUGH POST-CLOSING/ENDORSEMENT C. Condominium Project Approval 3. Project Approval Submission Handbook 4000.1 806 Last Revised: 11/26/2025