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Non-FHA Trainee Ok?

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Matthew Schwartz

Junior Member
Joined
Feb 22, 2006
Professional Status
Certified Residential Appraiser
State
California
Can I as an FHA AR sign an FHA appraisal for my non FHA trainee?
 

ddnma

Junior Member
Joined
Apr 4, 2008
Professional Status
Certified Residential Appraiser
State
Illinois
The answer my friend is in the 4150.2
I think the answer is no.
 

TC

Elite Member
Gold Supporting Member
Joined
Jan 31, 2002
Professional Status
Certified Residential Appraiser
State
Pennsylvania
I give up.
 

Amy Perkins

Senior Member
Joined
Jul 20, 2003
Professional Status
Certified Residential Appraiser
State
Tennessee
not totally sure, but I remember something like that, check with the lender
 

CANative

Elite Member
Joined
Jun 18, 2003
Professional Status
Retired Appraiser
State
California
Doh!!!

Only the assigned FHA approved appraiser can complete and sign the report. It's in several HUD handbooks an FHA approved appraiser MUST be familiar with.
 

Matthew Schwartz

Junior Member
Joined
Feb 22, 2006
Professional Status
Certified Residential Appraiser
State
California
Oh damn, no trainees allowed. Appraisal & Inspection

Chapter 1
Appraisal & Property Requirements
Page 1-05
"..... Appraisal trainees are not eligible to perform nor sign a FHA appraisal report."
 

CANative

Elite Member
Joined
Jun 18, 2003
Professional Status
Retired Appraiser
State
California
But your trainee can assist and provide signficant professional assistance and thereby obtain experience hours. You just have to acknowledge the assistance in the report. That's in the 4150.2 also.
 
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