Practice Test Geeks(FHA) Federal Housing Administration Appraiser Certification Practice Test
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Guidelines & Requirements Flashcards

7 cards from real FHA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Guidelines & Requirements flashcards as text

  1. Under FHA guidelines, what is the minimum required remaining economic life for a property to be eligible for an FHA-insured mortgage?

    Answer: At least as long as the loan term

    FHA requires the property's remaining economic life to be at least as long as the loan repayment period.

  2. When appraising a property with a wood-burning fireplace for FHA purposes, the appraiser must:

    Answer: Note the fireplace but no inspection is required unless deficiencies are visible

    FHA appraisers note fireplaces and recommend inspection only if visible deficiencies are observed.

  3. Which condition related to drainage would cause an FHA appraiser to flag a property as not meeting Minimum Property Requirements?

    Answer: Standing water pooling against the foundation after rain

    Standing water pooling against the foundation indicates inadequate drainage, which is an MPR deficiency.

  4. For FHA appraisals, how must an appraiser handle a property where the bedroom lacks a window to the exterior?

    Answer: Cite it as an MPR deficiency because bedrooms must have egress windows

    FHA MPRs require bedrooms to have at least one window to the exterior for light, ventilation, and egress.

  5. What is the FHA appraiser's responsibility regarding a property's roof condition?

    Answer: Estimate the remaining useful life and flag if less than 2 years remain

    FHA appraisers must estimate remaining roof life and require repair or replacement if less than 2 years of life remain.

  6. Under HUD guidelines, an FHA appraisal assignment must be completed by:

    Answer: A state-certified or state-licensed appraiser on HUD's FHA Roster

    Only appraisers listed on HUD's FHA Roster—who are state-certified or licensed—may complete FHA appraisals.

  7. If an FHA appraiser observes evidence of prior methamphetamine manufacturing in a property, what is the required action?

    Answer: Flag it as a health and safety issue requiring remediation before FHA financing

    Meth contamination is a health and safety hazard; FHA requires documented remediation before the property is eligible for FHA financing.