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What appraisers meet FSA qualifications to complete appraisals for guaranteed loan transactions of greater than $250,000?

A. State Licensed Appraiser
B. State Certified General Appraiser
C. State Certified Residential Appraiser
D. Certified Licensed Appraiser

User Cristea
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1 Answer

7 votes

Final answer:

State Certified General Appraisers are qualified to complete appraisals for guaranteed loan transactions over $250,000, as they have no restrictions on property value or complexity.

Step-by-step explanation:

The appraisers who meet FSA qualifications to complete appraisals for guaranteed loan transactions of greater than $250,000 are State Certified General Appraisers. These appraisers are certified at a state level to conduct appraisals on various types of property without restrictions on the property value or complexity. The distinction is important as State Licensed Appraisers and State Certified Residential Appraisers have limits on the transaction value and types of property they can appraise, while a Certified Licensed Appraiser is not a recognized title.

User Matt Stephens
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