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FAQs
for Appraisers |
- 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 license/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).
You can apply for placement on the FHA Roster by completing the online
application.
-
I have attempted to apply online but am having problems, what do I do?
If
you have questions about the application process or need help, you may call (202)
402-2041 and leave a message stating your name, phone number and the nature of
your question. Calls are answered in the order in which they are received.
- How
do I know if I am on the FHA Roster?
You can check the FHA Appraiser
Roster for your status and to make sure your information is correct.
-
What procedure should an appraiser follow if his/her license expires or his/her
information is incorrect on the Roster listing?
Some
licenses are renewed automatically but others must be updated online by the appraiser
via FHA Connection. The appraiser must provide FHA with proof of renewed license(s)/certification(s).
An expired license will cause the appraiser to be ineligible to perform FHA appraisals.
Appraisers must update information and renew licenses using the ID Maintenance
section in FHA Connection. All FHA Roster Appraisers must have an FHA Connection
user ID. For information on how to obtain a user ID go to the Appraiser
Roster webpage.
-
Why, after I submitted my renewal, does the FHA Appraiser Roster still show
me in an "expired" status?
FHA will only update the Appraiser Roster
after confirmation that the new license or certification information has been
updated in the Appraisal Subcommittee's (ASC) National
Registry, a national listing of all licensed and certified appraisers. Until
FHA can confirm your updated license or certification information on the National
Registry, you status will remain expired on the Appraiser Roster. The national
Registry is updated when the state appraiser regulatory agency reports to ASC.
-
I have received notification that I'm not eligible for placement on the Appraiser
Roster due to placement on one of the following: 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). What does this
mean?
-
GSA's Suspension and Debarment List or Excluded
Parties List: The purpose of Excluded Parties List is to provide a single
comprehensive list of individuals and firms excluded by Federal government agencies
from receiving federal contracts or federally approved subcontracts and from certain
types of federal financial and non-financial assistance and benefits.
-
Credit Alert Interactive Voice
Response System: CAIVRS is a Federal government database of delinquent Federal
debtors that allows federal agencies to reduce the risk to federal loan and loan
guarantee programs. CAIVRS alerts participating Federal lending agencies when
an applicant for credit benefits, or for a position of trust in support of the
administration of a Federal credit program, has a Federal lien, judgment or a
Federal loan that is currently in default or foreclosure, or has had a claim paid
by a reporting agency.
- HUD's
Limited Denial of Participation
(LDP) List: A Limited Denial of Participation (LDP) is an action taken by HUD
which excludes a party from further participation in a HUD program area. An LDP
generally expires in one year. A HUD "program area" is as broad as the programmatic
jurisdiction of an Assistant Secretary. LDPs are issued to parties (individuals
and companies) who fail to comply with HUD program standards. In most cases, the
causes of an LDP action can be remedied by the party. LDP actions include provisions
for an appeal process which begins with a speedy conference at the HUD office
that issued the LDP.
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How do lenders and underwriters know whether an appraiser is eligible to perform
FHA appraisals?
FHA maintains the FHA Appraiser Roster and will approve
only those appraisers who meet the eligibility requirements for placement on the
Appraiser Roster. Lenders can ascertain an appraiser's roster status through FHA
Connection or ECHO.
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