source:
  type: guide
  id: hud-4000-1-ii-b-required-documentation-for-underwriting-the-property-2
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
    Documentation for Underwriting the Property (08/19/2024)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
    Documentation for Underwriting the Property (08/19/2024).
  coverage_tier: operative
obligations:
- id: hud-4000-1-ii-b-required-documentation-for-underwriting-the-property-2-full
  canonical_id: hud-4000-1-ii-b-required-documentation-for-underwriting-the-property-2-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
    Documentation for Underwriting the Property (08/19/2024)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part II — b. Required
      Documentation for Underwriting the Property (08/19/2024)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: b. Required Documentation for Underwriting the Property (08/19/2024)
      If additional inspections, repairs, or certifications are noted by the appraisal
      or are required to demonstrate compliance with Property Acceptability Criteria,
      the Mortgagee must obtain evidence of completion of such inspections, repairs,
      or certifications, and include the repair cost estimate. If the Appraiser is
      being utilized to provide evidence of completion of repair(s) or condition(s)
      noted in the original appraisal report, Fannie Mae Form 1004D/Freddie Mac Form
      442, Appraisal Update and/or Completion Report, Certification of Completion
      must be used. c. Form HUD-92800.5B, Conditional Commitment Direct Endorsement
      Statement of Appraised Value (08/19/2024) Form HUD-92800.5B, Conditional Commitment
      Direct Endorsement Statement of Appraised Value, provides the terms upon which
      the commitment/direct endorsement statement of appraised value is made and the
      specific conditions that must be met before HUD can endorse a Firm Commitment
      for mortgage insurance. The underwriter must complete form HUD-92800.5B as directed
      in the form instructions. The Mortgagee must provide a copy of the completed
      form HUD-92800.5B to the Borrower. 5. Performing the Financial Assessment of
      the Borrower
  judgment: false
