All applicants must read, understand and agree
to the following Agreement and Certifications prior to submitting an application.
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To avoid the possibility of any conflict on interest and to ensure compliance with HUD
appraisal standards, the following certifications are to be completed by personnel
qualified to receive assignments from HUD or HUD approved lending institutions for
HUD/FHA mortgage insurance applications. The term "interest" refers to direct interest
as well as any "interest" held by relatives, business associates, or other controlled persons.
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Note:
Any of the following items that have been struck out and initialed are exempted from this
certificate and are to be explained truthfully in an attached letter.
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(a) |
I certify that I do not own more than 10% interest in any
lender doing business with HUD in local HUD office jurisdiction.
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(b) |
I certify that I do not actively engage in the management or
operation of a lending institution doing business with HUD.
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(c) |
I certify that I will not accept any assignments for fee work
in a transaction in which I have an interest.
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(d) |
I certify that I am not currently suspended, debarred, or in
any way disqualified from participating in HUD programs.
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(e) |
I certify that I have read and fully understand and will comply
with HUD Handbook 4000.1 , Single Family Housing Policy Handbook and the
FHA Single Family Appraisal Report and Data Delivery Guide, any updates to the
Handbook, Mortgagee Letters, and all other instructions and standards, in
performing all appraisals on properties that will be security for HUD/FHA
insured mortgages.
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(f) |
HUD or its authorized agent(s) may inspect my work files at
my place of business during normal business hours after providing me reasonable notice
of such inspection.
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I, the undersigned, understand and agree that:
- The approval of this application or license renewal does not constitute my appointment as an agent or employee of HUD/FHA.
- In performing fee work my status is that of an independent contractor.
- My sole interest in all transactions shall be to perform fee assignments as required by HUD standards and criteria.
- An appraisal is a substantial and material element
in the determination of the eligibility of an application for FHA mortgage insurance, and HUD/FHA
will rely upon the accuracy and truthfulness of an appraisal completed by me in approving any insurance.
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I hereby certify that to the best of my knowledge all the information stated herein, as well as
any information provided in the accompaniment herewith, is true, accurate, and complete.
I further certify that I have read the Warnings set forth below
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Any person who knowingly presents materially false, fictitious, or fraudulent statements in a matter within
the jurisdiction of HUD is subject to penalties, sanctions, or other regulatory actions, including but not limited to:
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Fines and imprisonment under 18 USC
287,
1001,
1010,
1012,
which provides for fines of a maximum of $25,000 for individual and $500,000 for organizations of imprisonment for up to 5 years, or both; or
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civil penalties and damages under
31 USC 3729,
of not less than $5000 and not more than $10,000, plus 3 times the amount of damages which the government sustains; and
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administrative sanctions, claims, and penalties by HUD pursuant to 24 CFR Part
24,
28, and
30.
By electronically signing this fillable application, I understand my signature will be placed on the PDF copy
of the HUD Form 92563-A which will be submitted to FHA.
I acknowledge and agree that my electronic signature has the same legal effect and validity as my written signature and
that the resulting PDF of the HUD-92563-A is valid and will be given the same legal effect as a written and signed HUD-92563-A.
I may retain a copy of the completed and binding HUD-92563-A by printing or saving the completed PDF from this online application
portal for my records
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Acceptance and Signature:
(Please type full name in text box below. Do not enter name suffix.)
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