Appraisal
Does FHA require an appraisal?
Short answer
Yes. Every FHA purchase requires an FHA appraisal performed by an FHA-approved appraiser. The appraisal value and the property's condition are both reviewed.
Plain-English explanation
Streamline refinances are the main exception — they often don't require a new appraisal because the loan is already FHA-insured.
What can change the answer?
Property condition, repair requirements, condo project approval status, and seller willingness to address flagged repairs can change the answer.
Want the real answer for your file?
FHA guidelines are the rule. Your credit, income, payment, property, and county limit are what decide the actual answer.
More FHA questions on Appraisal
Educational only. FHA guidelines, lender overlays, rates, fees, and underwriting requirements can change. Final eligibility depends on full underwriting review.