HUD Conditional Commitment/Direct Endorsement Statement of Appraised Value

The information is used by appraisers and/or underwriters upon their review of the appraisal report (USAR) to determine if a property meets FHA guidelines to be eligible for HUD mortgage insurance. Underwriters are required to sign and submit a copy of the completed form to HUD for endorsement as part of the case binder; to provide a copy to the homebuyer; and to maintain a copy for the mortgagee.

The latest form for HUD Conditional Commitment/Direct Endorsement Statement of Appraised Value expires 2021-01-31 and can be found here.