FHA ADP Code
FHA ADP Code field is used to enter the "ADP Code"
for FHA Loans. This field will not appear unless Loan Type ("Basic
Loan Information (Part 1)" Screen) is FHA.
to FHA guidelines for copies and explanations of the ADP Codes. This
may also be referred to as "Section of the Act" codes.
field will accept a total of four characters. The first three are required
and must be numeric. The fourth value is optional and must be alpha.
Note: This is a required field for "Loan
Type" of "FHA".
WARNING: The FHA ADP code must be ACCURATELY entered.
Computation of the termination date for the annual mortgage insurance
premium is based, in part, on this code.