Flatlander
Sophomore Member
- Joined
- Jan 10, 2007
- Professional Status
- Certified Residential Appraiser
- State
- Michigan
ATTENTION! Effective October 1, 2008, FHA will no longer accept new applications from licensed appraisers as a result of the Housing Economic Recovery Act, signed July 30, 2008. FHA will issue a mortgagee letter in the next couple of weeks that will address other requirements mandated by law.
How do I qualify to be listed on the FHA Appraiser Roster?
To be eligible to perform appraisals acceptable for underwriting FHA-insured loans, you must possess a current state certification with credentials based on the minimum licensing/certification criteria by the Appraiser Qualifications Board (AQB) of the Appraisal Foundation for each state in which you desire to perform FHA appraisals and not be listed on the General Services Administration's Suspension and Debarment List, HUD's Limited Denial of Participation (LDP) List, or HUD's Credit Alert Interactive Voice Response System (CAIVRS).
How do I qualify to be listed on the FHA Appraiser Roster?
To be eligible to perform appraisals acceptable for underwriting FHA-insured loans, you must possess a current state certification with credentials based on the minimum licensing/certification criteria by the Appraiser Qualifications Board (AQB) of the Appraisal Foundation for each state in which you desire to perform FHA appraisals and not be listed on the General Services Administration's Suspension and Debarment List, HUD's Limited Denial of Participation (LDP) List, or HUD's Credit Alert Interactive Voice Response System (CAIVRS).
