12.11.1 Appraisal Reconsideration, When Required

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

A. The HUD Underwriter must determine if a requested change is likely to reduce project marketability or income by reducing rents or revenue and/or increasing operating expense. The HUD Underwriter or the assigned HUD appraiser must identify and explain any estimated increase or decrease in net project income on the reverse of form HUD-92437.

B. The HUD Underwriter or assigned appraiser must prepare a Trial form HUD-92264 and Trial form HUD-92264-A reflecting the new data for the HUD Underwriter to re-determine the maximum insurable mortgage.

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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