If a mortgagee is unable to truthfully certify to one or more of the statements set forth in the Lender Electronic Assessment Portal (LEAP) online certification, the mortgagee must not make the particular certification. The corresponding box should be left unchecked and the “Unable to Certify” option selected.
The mortgagee must submit an explanation for each certification that it is unable to complete. Supporting documentation may be submitted with its explanation. If additional information is required as a result of the mortgagee’s explanation, FHA will advise what additional information or documentation is required and provide a due date for the submission of the requested information or documentation.
FHA will review the mortgagee’s explanation and communicate to the lender any additional information or documentation needed to render a final decision regarding the lender’s ability to complete the annual recertification process.
The Lender Electronic Assessment Portal (LEAP) User Manual is located at: http://www.hud.gov/lenders under the LEAP Information link in the Approvals & Renewals section.
Handbook 4000.1 IA.8.b.iii is available at http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips/handbooks/hsgh.