502.05A
Qualifications
Requirements
You must ensure any inspector:
- Meets 1 of the following:
1. Is certified by the:
- Real Estate Assessment Center for HUD as a Certified Home Inspector;
- American Society of Home Inspectors (ASHI); or
- International Association of Certified Home Inspectors (InterNACHI).
2. Is a:
- state-certified home inspector;
- registered architect; or
- civil engineer.
3. Successfully completed other acceptable training, including the MBA'sMBA'sMortgage Bankers Association School of Multifamily Property Inspections.
- Has the following minimum experience:
Type | Minimum Inspection Experience |
---|---|
Senior Housing Mortgage Loans | 10 seniors housing property inspections |
Substandard Fannie Mae Risk Rating | 25 multifamily property inspections |
All Others | 10 multifamily property inspections |