Which type of appraiser meets the qualifications to complete appraisals for guaranteed loan transactions greater than $250,000?

The correct answer is a State Certified General Appraiser because this designation allows the appraiser to assess a wide range of property types, including commercial and larger residential properties. Under federal regulations, appraisals for guaranteed loan transactions that exceed $250,000 require a certified general appraiser due to the complexity and potential value of the properties being appraised. This ensures that the appraisal is conducted by a professional who has the necessary expertise and training to accurately evaluate high-value properties.

In contrast, a State Licensed Appraiser cannot perform appraisals for transactions above the $250,000 threshold, as they are limited in the property values they can handle. Similarly, a State Certified Residential Appraiser is restricted to appraising residential properties and may not have the qualifications to assess more complex or higher-value transactions. The term "Certified Licensed Appraiser" is not a recognized designation in appraiser licensing and therefore does not apply in this context.