Transcription of APPENDIX D: VALUATION PROTOCOL - HUD.gov / U.S. …
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APPENDIX D: VALUATION PROTOCOL - HUD.gov / U.S. …
1/06 D- 1 APPENDIX D: VALUATION PROTOCOL The appraisal process is the lender s tool for determining if a property meets the minimum requirements and eligibility standards for a FHA-insured mortgage. Underwriters bear primary responsibility for determining eligibility; however, the appraiser is the on-site representative for the lender and provides preliminary verification that the General Acceptability Criteria standards have been met. FHA RESIDENTIAL APPRAISAL REQUIREMENTS This section provides specific instructions for completing appraisal report forms.
4150.2 1/06 D- 3 These guidelines are provided to assist in the examination of the property. To perform this analysis, the appraiser must have full access to all property improvements.
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