24 CFR §207.252b — Premiums—mortgages insured pursuant to section 223(f) of the Act
HUD / FHA Multifamily · a federal regulation, 24 CFR Part 207, Subpart B—Contract Rights and Obligations. It governs FHA's multifamily programs, not the Single Family Housing Policy Handbook 4000.1. Text as of eCFR 2026-10-09.
24 CFR §207.252b, Premiums—mortgages insured pursuant to section 223(f) of the Act. An FHA multifamily program rule in Subpart B—Contract Rights and Obligations of 24 CFR Part 207 (Multifamily Housing Mortgage Insurance).
Verbatim regulatory text
Verbatim provisions from 24 CFR §207.252b — Premiums—mortgages insured pursuant to section 223(f) of the Act — 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 §207.252b(a)
(a) The mortgagee, upon the initial-final endorsement of the mortgage for insurance pursuant to a Commitment to Insure Upon Completion issued in accordance with § 207.32a, shall pay to the Commissioner a first mortgage insurance premium equal to one percent of the original face amount of the mortgage.
24 CFR §207.252b(b)
(b) The mortgagee, on the date of the first principal payment, shall pay a second premium equal to one percent of the average outstanding principal obligation of the mortgage for the year following such first principal payment date which shall be adjusted as of that date so that the aggregate of the first and second premiums shall equal the sum of one percent per annum of the average outstanding principal obligation of the mortgage for the period from the date of the insurance endorsement to one year following the date of the first principal payment.
24 CFR §207.252b(c)
(c) The provisions of paragraphs (d), (e) and (f) of § 207.252 shall apply to mortgages insured pursuant to section 223(f) of the Act.
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