II.A.3.c. Conditional Commitment Direct Endorsement Statement of Appraised Value (09/14/15)

Owned by Kacey Olson
Nov 20, 2018
1 min read

© HUD Single Family Housing Policy Handbook 4000.1

The Conditional Commitment Direct Endorsement Statement of Appraised Value (form HUD-92800.5B) provides the terms upon which the commitment/direct endorsement statement of appraised value is made and the specific conditions that must be met before HUD can endorse a Firm Commitment for mortgage insurance. The underwriter must complete form HUD-92800.5B as directed in the form instructions.

Where a Statement of Appraised Value is required, the Mortgagee must provide the Borrower with a copy of the completed form HUD-92800.5B.