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1-800-CALL-FHA (225-5342) Insuring More Than 34 Million Mortgages Since 1934

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3. ARM Underwriting Requirements

Change Date

May 10, 2009


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6.B.3.jj. Amortization Provisions

The ARM must


  • be fully-amortizing, and
  • contain amortization provisions that allow for periodic adjustments in the rate of interest charged.

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