FHA Temporary Waiver for Disaster Impacted Properties
Interior Photographs
FHA INFO #20-73 dated October 6, 2020, temporarily waives the requirement for "interior" photographs when performing damage inspections on properties pending mortgage closing or endorsement in Presidentially-Declared Major Disaster Areas (PDMDA). This applies to the period in which exterior only appraisals are permitted as first announced in ML 2020-05 and re-extended in ML 2020-28.
This guidance is for loans currently in pipeline and new submissions for appraisal inspections.
The requirement for exterior photographs will remain in place.
Please note as this is temporary guidance. NewRez’s Disaster Policy will not be updated with this guidance.