What are the appraisal requirements for FHA Reverse Mortgages?

Appraisal guidance for Reverse Mortgages is in Handbook 4000.1 II.D. Appraiser and Property Requirements for Reverse Mortgages. 

For additional information see Handbook 4000.1  at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-04095