Carrington Wholesale Lending

FHA Streamline Loans HPML Status

The HUD Higher Priced Mortgage Loan (HPML) rule exempts FHA Streamline loans from the Federal ATR/QM Higher Priced Maximum APR requirement.

CMS will accept FHA Streamlined loan submissions that exceed HPML APR Thresholds (APR can exceed APOR + 1.15 + MIP).

FHA Streamlined loans will remain subject to:

  • ATR/QM Fee threshold unless the property is Manufactured
  • Section 32 APR (APOR + 6%) requirements

Contact your CMS Account Executive should you have any questions.

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