HUD and FHA Appraisals

Trusted HUD & FHA Appraisals for Compliance-Driven Valuations

Broadview’s HUD practice includes FHA-insured project-based Section 8 properties, Multifamily Accelerated Processing (MAP) assignments, market and feasibility studies, and market rent comparability study (RCS) reports. The HUD MAP lending programs require the submission of appraisal reports that comply with the Multifamily Accelerated Processing Guide as promulgated by HUD.

Types of FHA Appraisals

There are several FHA-insured financing programs available for affordable and market-rate multifamily properties. These loan programs support both acquisitions and refinancings incorporating substantial rehabilitation projects.

  • The 223(f) program supports the purchase or refinance of existing multifamily properties. Many of these assignments include a moderate or substantial renovation.
  • The 221(d)(4) program is available for new construction or substantial rehabilitation properties.
  • Properties with Section 202 loans may be refinanced to allow for lower interest rates and capital improvements.
  • The 241(a) program provides supplemental financing for FHA-insured properties to fund renovations and expansion of improvements.
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Broadview: Your Trusted and Experienced HUD & FHA Appraisal Partner

Recognized and approved by:
  • Various HUD lenders
  • HUD regional offices
  • State housing agencies
Broadview has appraised significant large-scale market-rate and affordable multifamily complexes in the New York City metropolitan region for FannieMae and FreddieMac loan portfolios.

What You Can Expect

Timeliness
Enjoy peace of mind knowing you’re our priority. Once we agree to move forward, your project won’t sit in a lengthy queue — punctuality and efficiency are of the utmost importance. Your appraisal receives the dedicated attention it deserves.

It's not about accepting every inquiry. It's about ensuring that you receive a detailed report in an appropriate timeline.
Compliance
Compliance is the backbone of any credible appraisal. For specialized valuations—such as HUD appraisals or FHA-insured properties—compliance is even more critical. These assignments often come with layers of additional requirements, including specific value scenarios, rent comparability analysis, and detailed market studies that align with the respective agency’s mandates. A non-compliant appraisal could derail entire projects or cause significant setbacks.
Fair Market Value Analysis
Analysis of comparable properties is not merely a checkbox, but a cornerstone of your valuation. Each comparable property is thoroughly examined from every angle to ensure a fair market value. It's reflective of local market trends and the unique features of your property. Diligence isn't just a word on a website. It's an integral part of your appraisal.
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Some words from our satisfied clients

Broadview Valuation Services always delivers for us on our HUD Multifamily Accelerated Processing deals. Their professionalism, responsiveness, quality of work, and timeliness are excellent. They proactively communicate with us throughout the process and always keep us informed on any issues. They work with us in a consultative manner that keeps even the most difficult or complex assignments on track. Doug is extremely knowledgeable of the New York and New Jersey multifamily real estate markets, as well as the HUD MAP valuation components and guidelines. We trust Broadview Valuation Services to complete our appraisals to the highest standard and deliver them on time.

Richard Fischer
Chief Underwriter, Rockport Mortgage Corporation

Broadview Valuation Services (BVS) completed multiple RCS reports for us over the past year. Mr. Geddes thoroughly researched the Hartford, CT market to determine comparable properties, which ultimately led to an exceptional but fair rent increase for our properties. He was very prompt in completing the reports, and HUD always found the reports acceptable with minimal to no questions. I would recommend BVS, and we will continue to use them going forward.

Morgan Scheer
Housing Resources Corporation

We have worked with Doug Geddes and Broadview Valuation Services for more than 15 years. Over this time frame, we have found their level of professionalism and competence to be outstanding. The data collection, analysis and valuation work has always met our high standards. Everything aspect of the process and relationship is handled with excellent personal service and a high level of attention to detail.

Roman Rubinchik
MAI, AI-GRS, Bank United

I would recommend Broadview Valuation Services to any owner or property manager that needs to renew their Project-based Section 8 contract. They have expert knowledge and experience with affordable multifamily properties and the HUD contract renewal process. Their detailed research and analysis will ensure that your Rent Comparability Studies will be completed to the highest standard

John Staso
JAS Housing Consultants

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