{"api_version":"1.0.0","retrieved_at":"2026-09-05T00:39:06.549266+00:00","source":"EquityUp (https://equityup.pro)","documentation":"https://equityup.pro/for-ai-agents","statute":"Homeowners Protection Act of 1998, 12 U.S.C. §4901 et seq.","jurisdiction":"United States (federal)","rules":{"hpa":{"effectiveDate":"1999-07-29","loanAgeSplitYears":5,"originalValue":{"borrowerRequested":{"threshold":0.8,"citation":"12 U.S.C. §4902(a)"},"automaticTermination":{"threshold":0.78,"citation":"12 U.S.C. §4902(b)"}},"currentValue":{"underSplit":{"threshold":0.75,"citation":"12 U.S.C. §4902(a)(3)(A)"},"atOrOverSplit":{"threshold":0.8,"citation":"12 U.S.C. §4902(a)(3)(B)"}}},"fha":{"vintageBoundary":"2013-06-01","vintageBoundaryLabel":"June 2013","minDownPaymentPctForCancellation":10}},"notes":["The original-value thresholds apply to the property value at origination. The current-value thresholds are the appreciation path and apply to the property's present value.","Loans consummated before 1999-07-29 are outside the Act.","The appreciation path splits at 5 years of loan age: younger loans are held to the stricter threshold.","Final (midpoint) termination under 12 U.S.C. §4902(c) is a real mechanism and is not represented in this payload."],"disclaimer":"EquityUp is a data and document-preparation service. It is not a lender, loan servicer, mortgage broker, or licensed appraiser, it does not provide legal or financial advice, and it does not contact lenders on a homeowner's behalf — the homeowner submits their own request.","limitations":["Coverage is limited to Utah, Salt Lake, Davis, and Weber counties in Utah. Properties outside these four counties are not in the dataset.","County assessed values reflect the assessment cycle and typically lag the market by 12 to 18 months. Where an automated valuation or an FHFA county index adjustment is available, EquityUp applies it and says so in the response; where neither is, the unadjusted assessed value is used.","City-level aggregates are filtered to detached single-family homes using the parcel-record proxy 'HOUSE_CNT = 1 AND BLDG_SQFT BETWEEN 800 AND 5000'. Condominiums, multi-family parcels, and homes outside that square-footage range are excluded.","An LTV figure derived from an assessed or automated value is not an appraisal. A lender or servicer may require its own broker price opinion or appraisal, at the homeowner's expense, before acting on a cancellation request.","Threshold and citation data describe the federal Homeowners Protection Act. Individual loan servicers may impose additional requirements, such as a minimum seasoning period or a clean payment history, that the statute does not."]}