FHA Handbook In Pdf Format

[OSU Beavers]

I will apologize ahead of time if this is an over asked question...:new_newbie: I scrolled but didn't see any previous threads....I am curious if anyone has an FHA checklist of sorts. I have and have read the handbook, but I am looking for something more condensed and/or specific.
laura
aaah...FHA!
m2:

Yes, use HUD 4150.2, Appendix D as your checklist.

 

[ihatect]

This one is password protected...any ideas?

 

[acero97989]

What is the password?

 

[RSW]

I just wanted to post that I love that HUD Handbook so much. I am wrapping up an FHA Assignment that is in a flood zone and I wanted to double check what HUD deems important regarding such a situation.

Nothing in the handbook concerning being in a flood zone. I would recommend you find one sale that is also in the flood zone in order to determine if there is any market reaction to the subject being in the flood zone.

 

[AnonApprsr]

L. FLOOD HAZARD AREAS
Designation of Special Flood Hazard Areas
The Federal Emergency Management Agency (FEMA) determines Special Flood Hazard Areas
nationwide, (SFHA). FEMA issues Flood Hazard Boundary Maps to designate these areas in a
community. A special flood hazard may be designated as Zone A, AO, AH, Al-30, AE, A99, VO
or Vl-30, VE or V.
o Only those properties within zones 'A' and 'V' require flood insurance.
o Zones 'B' or 'C' do not require flood insurance because FEMA designates only zones ‘A'
and 'V' as "Special Flood Hazard Areas. "
An appraisal report with a positive indication in a Special Flood Hazard Area (SFHA) activates a
commitment requirement for flood insurance coverage. The appraiser must quantify the effect on
value, if any, for properties within a designated flood map.
A lender shall reject a property in any of these circumstances:
o if the property is subject to frequently recurring flooding
o if there is any potential hazard to life or safety
o if escape to higher ground would not be feasible during severe flooding conditions

Maybe we're talking about different handbooks RSW?

 

[RSW]

Maybe we're talking about different handbooks RSW?

I see what you are saying. But, I was thinking something different. Sorry!

 

[country girl]

New FHA Rules

So, today is the last day FHA is accepting applications to be on their approved roster. What's the new rules about their qualifications? Anyone know?

Country Girl

 

[Don Clark]

So, today is the last day FHA is accepting applications to be on their approved roster. What's the new rules about their qualifications? Anyone know?

Country Girl

Last day for Licensed Appraisers.

http://www.HUD.gov/groups/appraisers.cfm

 

[RSW]

We will have to read the next chapter when it is written.