Learn About Homeownership:
Few decisions are more important than how to pay for or maintain your home. Question Big can help you stay smart and avoid mistakes.
If a county that opts out of the state's codes, and is therefore required to create their own codes, would that keep its citizens from obtaining an FHA loan (insurance)? Or would the decision of appraisal be up to the particular lender, rather than FHA? In other words does FHA have particular inspectors or codes that are required?
Answer this question:

Please log in to submit an answer.

Best Expert Answer
Joe Wallace
a year ago
The property would still be required to undergo an FHA appraisal by an FHA fee appraiser. According to HUD 4000.1, "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."
Our blog is brought to you by the knowledgeable group of counselors at FHA.com
Visit our website
Best Expert
Ask a Question

Choose up to 5 tags (e.g. FHA loan). We'll recommend some, but you can change them if you want.
Thank you!
Please check the email address you registered with for your account confirmation. Then click the activation link to get started.
Question Big is a community of consumers and professionals sharing experiences, knowledge and advice.
Report Content
I'm reporting this because I think it is:
Report User
I'm reporting this user because I think the user is:
Report Company
I'm reporting this company because I think the company is:
Thank you!
Our team will review the content you reported and will take appropriate actions. We appreciate your contribution to the Question Big community.