The appraiser will note any problems they uncover in the inspection report. The FHA mortgage loan underwriter will consider the appraiser’s findings and decide whether the problems identified in the report disqualify the home for an FHA loan. If the underwriter doesn’t approve the loan, the FHA allows a homeowner 120 days to make necessary repairs and bring the property up to the FHA’s standards. Repairs that affect an occupant’s health, safety and the livability of a property must be completed before closing.