How does an FHA-approved Mortgagee register a new branch office?

The Mortgagee must register each branch office and pay the branch office registration fee through the Lender Electronic Assessment Portal (LEAP). A 10-digit FHA Lender ID will be assigned to each registered branch office.  All branch offices in which a Mortgagee conducts FHA business, including originating, underwriting, and/or servicing FHA-insured Mortgages must be registered.

The Mortgagee cannot register a new branch office within a HUD Field Office jurisdiction in which it has withdrawn a branch office in the last six months. Instead, the Mortgagee must make a request through LEAP to reassign the former office’s 10-digit FHA Lender ID to the new branch and pay the branch office registration fee.

For information on adding a branch refer to the LEAP User Manual that can be accessed using the LEAP Information link in the Approvals & Renewals section at: https://www.hud.gov/program_offices/housing/sfh/lender/

For more information see Handbook 4000.1 I.A.4.a. 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-05103