Cranedog
Freshman Member
- Joined
- Feb 8, 2015
- Professional Status
- Certified Residential Appraiser
- State
- Pennsylvania
Hello everyone
My question is whether FHA has a definition for Gross Building Area as it pertains to the 1025 form. I see it in F/F handbook that it is GBA if finished but not in FHA. In addition, do they specify anywhere if a finished or unfinished basement in a 2-4 family mixed-use property is part of the total building area when calculating the qualifying percentage of residential to commercial
My question is whether FHA has a definition for Gross Building Area as it pertains to the 1025 form. I see it in F/F handbook that it is GBA if finished but not in FHA. In addition, do they specify anywhere if a finished or unfinished basement in a 2-4 family mixed-use property is part of the total building area when calculating the qualifying percentage of residential to commercial