Federal Housing Administration (FHA)

Background
The Federal Housing Administration (FHA) provides mortgage insurance on loans made by FHA-approved lenders throughout the United States.

FHA guidelines for appraisers are contained in HUD Handbooks 4905.1 and 4150.2.


 * 4905.1 - Requirements for Existing Housing One to Four Family Units | Link to HUD Download Page


 * 4150.2 - Valuation Analysis for Single Family One- to Four- Unit Dwellings | Link to HUD Download Page

4150.2 Appendix D: Comprehensive Valuation Package Protocol contains specific instructions to complete the Uniforn Residential Appraisal Report (URAR).

FHA Appraisal Q&A with References
There are a number of areas which cause confusion in reporting FHA appraisals. A list of Q&As can be found for the following categories with citations to the source when available.
 * Changes or Corrections to an FHA Appraisal Report


 * FHA Rural Requirements


 * General FHA Property Requirements


 * FHA Lead-Based Paint Requirements


 * Cost Approach in FHA Appraisals


 * General FHA Requirements

HUD Links
Homeownership Center Reference Guide

203(k) Rehab Program Info

HUD REO

HUDClips

FHA Connection

FHA Roster Appraiser Search