The Federal Housing Administration Announces Updated Appraisal Requirements

(Washington, D.C.) – The Federal Housing Administration (FHA) announced the publication of updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae’s MH Advantage and Freddie Mac’s CHOICEHome programs.

The updates align FHA appraisal requirements with those of other industry participants and will improve the valuation of these homes for borrowers seeking FHA-insured mortgages.