Preapplication meeting

Preapplication meeting means a meeting among HUD, a potential mortgagee , and a potential mortgagor for mortgage insurance where there has been a positive Preliminary Review of the proposed project. The preapplication meeting is an opportunity for the potential mortgagee and mortgagor to summarize the proposed project, for HUD to summarize the application process, and for issues that could affect the eligibility or underwriting of the proposed loan to be identified and discussed.


24 CFR § 242.1

Scoping language

As used in this subpart, the following terms shall have the meaning indicated:

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