Lee's Sandwiches, Asian Sandwich, BÃÂ¡nh mÃÂ¬, Sliced jambon, headcheese & pate on a baguette. Lee's Sandwiches, Asian Sandwich, BÃÂ¡nh mÃÂ¬, Sliced jambon, headcheese & pate on a baguette. Browse Recipes
Generally, an FHA appraisal CAN be used on a conventional loan but a conventional appraisal CANNOT be used on an FHA loan. An FHA appraisal can be used as long as it can be proven that it complies with HVCC. (Home Valuation Code of Conduct) Most appraisals now done by Appraisal Management Companies (AMCs) include this compliance certification.
A conventional Appraisal is only good for 120 days, FHA & VA appraisals are good for six months. However, lenders usually require the comps to be within a specific time frame that can vary depending on the property location. If the comps expire a lender may ask for updated comps which can affect the value.