Understanding FHA Today


Understanding FHA Today


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Cannon Institute

Understanding FHA Handbook 4000.1
Semester Syllabus

Suggested Use:

Part 1: Course Information

Instructor Information

Instructor: Jeremy Johnson
Office Hours: 9am-5pm & Mon-Fri
Office Telephone: 480-730-4801

E-mail: info@cannonedu.org (Note: Email preferred 48 hours to respond)

Course Description

1.      Pair the mortgagee’s requirements with those of the appraiser, in order to help clarify the appraiser’s responsibilities, and

2.      To reinforce that appraisers are not loan qualification decision‐makers, but that they do play a critical role in the decision-making process.  


  • None

Textbook & Course Materials

  • Preparing and FHA Appraisal- Available online in course

Course Requirements

  • Internet connection (DSL, LAN, or cable connection desirable)
  • Access to Gnosis

Course Structure

This course will be delivered entirely online through the course management system Gnosis. You will use your Gnosis account to login to the course from the Gnosis login page.

In Gnosis, you will access online lessons, course materials, and resources. At designated times you will participate in self-paced activities using Gnosis and alternative Internet-based technologies. Activities will consist of reading, assessments, and surveys.

Gnosis Access

This course will be delivered online through a course management system named Gnosis.

To access this course on Gnosis you will need access to the Internet and a supported Web browser (Internet Explorer, Firefox, Safari, Chrome). 

Technical Assistance

If you need technical assistance at any time during the course or to report a problem with Gnosis you can:

  • Visit the Gnosis Student Resources Page
  • Review Gnosis Student Orientation
  • Submit a Gnosis Problem Form

Important Note: This syllabus, along with course assignments and due dates, are subject to change. It is the student’s responsibility to check Gnosis for corrections or updates to the syllabus. Any changes will be clearly noted in course announcement or through Cannon 

Learning Objectives:

Part 2: Course Objectives

Over the course of many years, appraisers had been placed in positions and taken on roles which didn’t fall under their realm of responsibility.  According to HUD, one of the primary functions of the new Handbook was returning the decision‐making process (property eligibility for an FHA‐insured mortgage) back its rightful owner – the MORTGAGEE.

The primary objectives of this course are:

  • Identify the locations of the HUD 4000.1 Handbook for download and/or reference   so that the FHA Roster Appraiser has the Handbook available for research and referral
  • Provide an overview of the HUD Handbook, in its entirety, so the appraiser understands the responsibilities of the mortgagee and the appraiser
  • Pair the appraiser’s requirements and responsibilities with those of the mortgagee to help the appraiser better understand the need for strict compliance with the handbook

The material presented in this course will benefit:

  • The appraiser who desires to become an FHA Roster Appraiser,
  • The appraiser who misunderstands the requirements of the Handbook, and
    • The appraiser who has been sanctioned by HUD and required to take a 7‐hour Appraising for FHA course in order to remain in good standing on the FHA Roster.

Performance Outcomes:

Part 3: Topic Outline


  • Module 01: Navigating the FHA Handbook 4000.1
    • Where to find the FHA Handbook 4000.1
    • Doing business with the FHA
  • Module 02: Title Insured Housing Programs Forward Mortgages
    • Initial documentation process
    • Selection of a qualified FHA Appraiser
    • Transferring existing appraisals
    • HUD-92541
  • Module 03: General Appraiser Requirements
    • Property compliance with new and existing property
    • Legal and land use considerations
    • Minimum property requirements
  • Module 04: Characteristics of Property Improvements
    • Minimum property requirements and minimum property
    • Acceptable appraisal reporting forms and protocol
  • Module 05: Valuation and Reporting Protocol
    • Photographs, exhibits and map requirements
    • Development of Market Value
  • Module 06: Property Acceptability Criteria for Manufactured Housing 
    • HUD Certification Label
    • Condominium projects

Cannon Institute

Understanding FHA Handbook 4000.1


Part 4: Grading Policy

Graded Course Activities


# of Questions





Mastery Quiz Part 1



Mastery Quiz Part 2



Mastery Quiz Part 3



Mastery Quiz Part 4



Mastery Quiz Part 5



Mastery Quiz Part 6



Total Points Possible


Viewing Grades in Gnosis

Points you receive for graded activities will be posted to the Gnosis Grade Book. Click on the My Grades link on the left navigation to view your points.

Letter Grade





Excellent Work



Nearly Excellent Work



Very Good Work



Good Work



Mostly Good Work



Above Average Work



Average Work



Below Average Work



Poor Work



Failing Work




Important note: For more information about grading at Cannon Institute, visit the academic policies and grading section of the university catalog.

Cannon Institute

Understanding FHA Handbook 4000.1

Part 5: Course Policies


Students are expected to participate in all online activities as listed on the course calendar. You are expected to complete the course within the 3 month period as stated in the orientation.

Cannon Institute will be using Gnosis tracking tool, discussions, chat sessions, and group work, to monitor participation in the course. 

Build Rapport

If you find that you have any trouble keeping up with assignments or other aspects of the course, make sure you let your instructor know as early as possible. As you will find, building rapport and effective relationships are key to becoming an effective professional. Make sure that you are proactive in informing your instructor when difficulties arise during the semester so that we can help you find a solution.

Complete Assignments

All assignments for this course will be submitted electronically through Gnosis unless otherwise instructed. Assignments must be submitted by the given deadline or special permission must be requested from instructor before the due date. Extensions will not be given beyond the next assignment except under extreme circumstances.

All discussion assignments must be completed by the assignment due date and time. Late or missing discussion assignments will effect the student’s grade.

Understand When You May Drop This Course

It is the student’s responsibility to understand when they need to consider disenrolling from a course. Refer to the Cannon Institute Course Schedule for dates and deadlines for registration. After this period, a serious and compelling reason is required to drop from the course. Serious and compelling reasons includes: (1) documented and significant change in work hours, leaving student unable to attend class, or (2) documented and severe physical/mental illness/injury to the student or student’s family.

Incomplete Policy

Under emergency/special circumstances, students may petition for an incomplete grade.

Commit to Integrity

As a student in this course (and at this university) you are expected to maintain high degrees of professionalism, commitment to active learning and participation in this class and also integrity in your behavior in and out of the classroom.


At Cannon Institute, “cheating is the act of obtaining or attempting to obtain credit for academic work through the use of any dishonest, deceptive, or fraudulent means.”

“Plagiarism is a form of cheating. At Sac State, “plagiarism is the use of distinctive ideas or works belonging to another person without providing adequate acknowledgement of that person’s contribution.”

Important Note: Any form of academic dishonesty, including cheating and plagiarism, may be reported to Cannon Institute

Course policies are subject to change.
It is the student’s responsibility to check Cannon Institute for corrections or updates to the syllabus. Any changes will be posted in Cannon Institute.

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