Attachment 3a/3b - Prepayment Format / Prepayment Approval Letter Format printable pdf download

Attachment 3a/3b - Prepayment Format / Prepayment Approval Letter Format

Attachment 3A

Prepayment Format

Where HUD Approval Is Not Required

(format only - for local use)

Dear ________________________:

This is to approve your application of _______________________________ requesting to

prepay your Section 202 or 202/8 proje ct (name) ________________________________, (SH/EH

Number) __________________, (Section 8 number where appropriate) __________________,

(address)

_____________________________________________________________________________

_____________________________________________________________________________.

Please work with your housing project manager (HPM) to complete the financial transactions, if

applicable. Return the documents to your HPM before the date of final prepayment.

[Add appropriate paragraph on Mortgage Insurance.]

The prepayment amount for this project is ___________________.

The prepayment amount includes _____________ for repayment of a Flexible Subsidy loan.

Prepayment by certified check should take place on or before _________________.

Please confirm that payment by certified check has been provided to ________________ or

hand-delivered to _____________________ as appropriate.

If one or more of the above dates are not met, Hub/PC staff will assume that you are no longer

interested in prepayment, and will stop the process.

Sincerely yours,

Hub/PC Director

Attachment 3a/3b - Prepayment Format / Prepayment Approval Letter Format