# Builder Warranty for High-Ratio FHA-Insured Single Family Mortgages for New Homes
> **US Department of Housing and Urban Development** · Interim rule. · Published 1999-03-25 · 64 FR 14572
## Document
- **Document number:** 99-7345
- **Category:** hud-fha
- **Agency:** US Department of Housing and Urban Development
- **Federal Register citation:** 64 FR 14572
- **CFR reference:** 24 CFR 203
- **Publication date:** 1999-03-25
- **Docket:** Docket No. FR-4288-I-01
## Abstract

This interim rule permits FHA insurance for a mortgage on a new home to exceed a 90 percent loan-to-value ratio if the home is covered by a 1-year builder's warranty that meets the requirements of HUD regulations. Recently-enacted legislation has increased FHA's flexibility to set the conditions for insured mortgages on new homes.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1999/03/25/99-7345/builder-warranty-for-high-ratio-fha-insured-single-family-mortgages-for-new-homes)
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