Can a mortgagee obtain an extension for submission of their financial statements in LEAP?

The Mortgagee may request an extension of its recertification package due date only as a result of a natural or catastrophic event resulting in a disruption of employee or mortgagee business operations.  Extension requests must be submitted through the Lender Electronic Assessment Portal (LEAP) prior to the Mortgageeā€™s recertification package due date. 

For LEAP Information, including the LEAP User Manual, please visit the FHA Lenders page, Approvals and Renewal section, at: https://www.hud.gov/lenders 

For additional information, see Handbook 4000.1 I.A.8.f. 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-05090