Form Hud-27030 - Transfer Of Note Report Form - U.s. Department Of Housing And Urban Development

Download a blank fillable Form Hud-27030 - Transfer Of Note Report Form - U.s. Department Of Housing And Urban Development in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Form Hud-27030 - Transfer Of Note Report Form - U.s. Department Of Housing And Urban Development with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

U.S. Department of Housing and Urban Development

OMB Approval No. 2502-0328

Title I

(exp. 1/31/2003)

Office of Housing

Transfer of Note Report

Federal Housing Commissioner

U.S. Department of Housing and Urban Development

The selling institution certifies that all notes to be transferred have been previously accepted for insurance by

To:

Albany Financial Operations, Premium Branch

HUD. The selling institution authorizes HUD to transfer, from its insurance coverage reserve account to the

52 Corporate Circle

insurance coverage reserve account of the buying institution, an amount equal to 10 percent of the unpaid

Albany, NY 12203

balance of each loan or 10 percent of the net selling price of each loan, whichever is the lesser.

3. Date of Loan

7. Buying Institution's

1. Title I Case Number

2. Names of Borrowers

Disbursement

4. Unpaid Balance

5. Transfer or Net

6. Date of Transfer Loan Number (Optional)

(12 digits)

(last name, first name)

(MM/DD/YYYY)

on Note

Selling Price

(MM/DD/YYYY)

(11 digits maximum)

Name & Address of the Selling Institution

8. Title I Contract Number

Name & Address of the Buying Institution

9. Title I Contract Number

of the Selling Institution

of the Buying Institution

Signature of Authorized Official

Date Submitted

Signature of Authorized Official

Date Submitted

Name & Title of Authorized Official

Telephone Number

Name & Title of Authorized Official

Telephone Number

Important:

This report shall be completed by the selling and buying institutions, signed by both institutions, and submitted to HUD within 31 days after the date of transfer. If the insurance charges on the transferred loans have already

been paid, any adjustment of such charges shall be between the selling and buying institutions. The buying institution is responsible for paying any unpaid insurance charges.

ref. Handbook 1060.2

form HUD-27030 (5/97)

Previous editions are obsolete