Can changes be made to security instruments after endorsement?

Under limited circumstances changes may be permissible after endorsement.
 
Guidance and requirements for permissible Post-Endorsement Mortgage Amendments, including the following, can be found in Handbook 4000.1 III.A.1.j:
  • Modifying a performing mortgage without HUD approval
  • Modifying a performing mortgage requiring HUD approval
  • Partial release of security
  • Change of location of dwelling or Improvements
 Handbook 4000.1 is available at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-01822