FHA Single Family Housing Policy Handbook 4000.1, Part II — 2. General Appraiser Requirements (03/19/2025)
FHA Single Family Housing Policy Handbook 4000.1, Part II — 2. General Appraiser Requirements (03/19/2025).
Verbatim regulatory text
Verbatim provisions from FHA Single Family Housing Policy Handbook 4000.1, Part II — 2. General Appraiser Requirements (03/19/2025) — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
FHA Single Family Housing Policy Handbook 4000.1, Part II — 2. General Appraiser Requirements (03/19/2025)
2. General Appraiser Requirements (03/19/2025) Handbook 4000.1 809 Last Revised: 11/26/2025 2. General Appraiser Requirements (03/19/2025) The Appraiser must follow FHA guidance and comply with the Uniform Standards of Professional Appraisal Practice (USPAP) when completing appraisals of Property used as security for FHA-insured Mortgages. The Appraiser must observe, analyze, and report whether the Property meets HUD’s Property Acceptability Criteria, including Minimum Property Requirements (MPR) and Minimum Property Standards (MPS). MPR refers to general requirements that all homes insured by FHA be safe, sound, and secure. MPS refers to regulatory requirements relating to the safety, soundness, and security of New Construction. Every Property must be safe, sound, and secure so that the Mortgagee can determine eligibility. The Appraiser must note every instance where the Property is not safe, sound, and secure and does not comply with HUD’s MPR and MPS, or they must clearly state when no deficiencies with HUD’s Property Acceptability Criteria have been observed or are known. When performing an appraisal, the Appraiser must review and analyze all the documents under the Information Required before Commencement of Appraisal. For new construction assignments, the Appraiser must also review and analyze all the documents related to New Construction, including plans, specifications, and any exhibits provided that will assist the Appraiser in determining what is to be built or, if now Under Construction, what will be built when finished. The Appraiser must report the results of their analysis in the appraisal report. In a purchase transaction, if the seller is not the owner of record, the Appraiser must include an explanation in the appraisal report.