J Grant
Elite Member
- Joined
- Dec 9, 2003
- Professional Status
- Certified Residential Appraiser
- State
- Florida
I have no idea if there is an FHA requirement, but what difference does it make? The property is what it is. We can't change it . If for some reason it fails an FHA test, the lender might suggest to the borrower to go conventional, for example. Or the loan does not get made. Whatever...The condo is 375 sq ft, the room that will be used as a bedroom has no exterior window or egress so I’m definitely not calling it a bedroom on the report. Have it labeled as 3/0/1 on the grid for now, just wanted to make sure there wasn’t an FHA guideline saying there was a minimum bedroom count.