No...but why would you use an appraisal that is a few months old. Those are old comps and you need new ones.. An appraisal is a snapshot in history of values. The newer the photo the closer to current value you will be.

you need to have a new appraisal

In addition each bank will want their own independant and approved appraiser to complete an appraisal rather than use another banks appraisal. Where FHA is more thorough and complex than a conventional loan or appraisal there is too much risk associated with accepting someone elses work. Sorry to say the buyer wont be able to save any money this time.

Unlike a conventional appraisal, an FHA appraisal belongs to and remains with the subject property for 6 months. Therefore, if you have a buyer that pays for an FHA appraisal and a mortgage broker sends the borrower to a bank that subsequently declines the loan the broker can simply have that appraisal's FHA case number reassigned to a new lender and they must accept it. However, once the original loan that the appraisal was ordered for closes, the appraisals shelf life is over, even if less then 6 months has transpired. Since the original borrower, who the appraisal was ordered for, closed on their loan a new appraisal would be required in this situation. Hopefully this helps you understand the rule a little better.

Unfortunately Josh is correct. There would have to be a new appraisal ordered through the new lender. Sorry.

No. There would have to be a new appraisal.