FHA requires a different intended use and intended user statement than Fannie Mae.
Possible Comment:
The INTENDED USE of this appraisal is to support FHA’s decision to provide mortgage insurance on the real property that is the subject of the appraisal. This INTENDED USE statement supersedes the preprinted statement on page four of this report. (See Appendix D, 4150.2 Handbook, page 15)
The INTENDED USER of this appraisal report is the lender/client and FHA. This INTENDED USER statement supersedes the preprinted statement on page four of this report. (See Appendix D, 4150.2 Handbook, page 15) |
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