THE SHORT ANSWER
For an FHA or conventional mortgage, the lender typically manages the appraisal order and determines eligibility, scope and reporting requirements. Contact your lender first to confirm its process and whether it can accept an assignment from Reddy Appraisal LLC.
Start with the lender’s ordering process
Lenders may require an appraisal to be ordered through a designated channel and may have appraiser eligibility requirements. Borrowers should confirm those details with the lender before commissioning work.
FHA and conventional requirements differ
The assignment must meet the requirements that apply to the loan and lender. This page does not represent that Reddy Appraisal LLC is approved for every lender, panel or program. Confirm eligibility and ordering instructions directly with the lender.
What to ask your lender
Ask who must place the order, what property types and report formats are required, and whether you may request a particular appraiser. If the lender confirms it can accept an assignment, the scope and quote can be discussed accordingly.
COMMON QUESTIONS
Frequently asked questions
Can a homeowner order an FHA appraisal directly?
The lender typically controls the appraisal ordering process. Ask your lender whether it must place the order and which appraisers are eligible.
Is Reddy Appraisal LLC approved for my lender or loan program?
Eligibility depends on the lender and program. Confirm directly with your lender whether it can accept an assignment from Reddy Appraisal LLC.
What is the difference between FHA and conventional appraisal requirements?
Requirements can differ by loan program and lender. Your lender can explain the applicable scope, forms and ordering process for your transaction.