Are DE underwriters required to have any training whatsoever to underwrite FHA loans?
Each homeownership center provides training opportunities for lenders and their underwriters. It is the lenders responsibility to train their underwriters especially since the lenders are also held accountable for the quality of the FHA insured loan. 6. If I am a certified licensed appraiser, can an associate licensed appraiser (trainee), complete an FHA appraisal that I can sign off on as the Supervisor? NO! NADA! NOT IN THIS LIFETIME! NEVER EVER! 7. Am I allowed, under FHA guidelines, to turn in a FHA appraisal assignment to my client without the FHA case number included on the report? The answer to this question should be simple but unfortunately, it isn’t. Technically, you should not even start the assignment without the case number and by submitting the file to the client without it, puts you at risk. HUD directs the appraiser not to submit the appraisal without including the FHA case number. 8. While performing my inspection of the property I discover serious issues that I feel n
