1. Enter the refund amount in field 1134 on the FHA Management form.  This fee will be copied to Page 3 of  the 1003 in the 1^st available line in section L “MIP Refund”.  The system automatically performs this copy so that the cash to close on page 3 of the 1003 calculates correctly. THIS DOES NOT CARRY OVER TO THE LE\CD
   
2. To get the UFMIP to be reflected on LE\CD. It must be manually added to either Page 2 of the LE or Page 3 of CD in the ‘Payoffs and Payments’ section.
   
1. Open the Payoffs and Payments window by pressing the Payoffs & Payments button
   
2. Press the "Add" button on the top right of the Payoffs and Payments window
   
3. Select the Adjustment Type from the available options in the drop-down (i.e.: Gift, Grant, Rebate Credit, Other) Chose “Other” for UFMIP Refund
   
4. Enter an Adjustment Description of the Adjustment being made
   
5. If "Other" from the Adjustment Type drop-down list is selected, enter an Adjustment Other Description and select the "Credit" checkbox, indicating that the entry is a credit to the borrower
   
6. Enter the Adjustment Amount (only positive values are accepted)
   
7. Press OK
   
3. To get the UFMIP Refund to show up in the Funding Worksheet:
   
1. you must click on the “Transaction Summary” button at the bottom of Funding Worksheet
   
2. Find you UFMIP Credit and select “C” for the value to appear as a positive value in the worksheet or “D” for the value to appear as a negative value.
   

c. Complete the worksheet as you normally would.