NAR offers the following recommendations to FHA as it implements the Reinstatement Advance Payment (RAP) demonstration: that it promote broad participation, make RAP balances clear and easy for borrowers to track, and that it consider borrower affordability at mortgage maturity.
NAR Comment Letter on FHA Reinstatement Advance Payment Demonstration
Issue Date: September 01, 2026
NAR offers the following recommendations to FHA as it implements the Reinstatement Advance Payment (RAP) demonstration: that it promote broad participation, make RAP balances clear and easy for borrowers to track, and that it consider borrower affordability at mortgage maturity.
Read the letter