1. Is there a test required for appraisers to perform FHA appraisals?
Yes, appraisers must pass the FHA Appraiser exam to perform FHA appraisals as of February 1, 2000.
2. How can lenders recognize that appraisers are approved under the new program when ordering case numbers?
HUD has a list of existing appraisers found on the lender’s FHA Connection. New appraisers must go through an application process and pass the FHA appraiser exam in order to be placed on the FHA Roster. Lenders will not be able to assign cases to appraisers that are not registered on the FHA Roster.
3. How do underwriters know if an appraiser is eligible to perform FHA appraisals?
HUD will continue to maintain the FHA Appraiser Roster and will approve only those appraisers who have met the eligibility requirements for placement on the FHA Appraiser Roster. Lenders can ascertain an appraiser’s FHA Roster status by clicking on the following link: FHA Appraiser Roster. You can search to find specific types of appraisers by using the entry fields. For example, if your search is for a list of all active appraisers in Southern California, the important fields to fill would be the status, state, and city fields. To search a smaller area, the zip code could be used.
4. Latest FHA Headline News Bulletin.
The FHA will allow families with strong credit histories who had been making timely mortgage payments before their loans reset-but are now in default-to qualify for refinancing.
Click on the following link for more information: BUSH ADMINISTRATION TO HELP NEARLY ONE-QUARTER OF A MILLION HOMEOWNERS REFINANCE, KEEP THEIR HOMES
5. Why Moore Appraisals………………………..
In a world of uncertainties, protecting your interests and those of your clients is of the utmost importance. Why shouldn't you have the assurance that those in whom you place your good faith are trustworthy and dependable? By using an FHA Certified Appraiser you have that certainty.
Being on the FHA Appraiser Roster is a guarantee to you that Moore Appraisals has the industry experience and knowledge to assist you in meeting your clients' needs, as well as a testament to my history of professionalism, honesty and credibility in the Real Estate Industry.
As an FHA Certified Appraiser, I will ensure that:
Why worry about uncertainty? As an FHA Certified Appraiser, you have my pledge that I will provide a clear, fair, and objective determination of any property's value, and you will have the peace of mind in knowing that I am on your side to help protect your interests and assets.
Call our office at 949-360-9449 for further assistance. All inquiries are kept confidential.