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Requirements if a Traditional/Full Appraisal (Interior and Exterior Inspection) Is Obtained
Enter "Full Appraisal" in the Appraisal Method field when a loan is delivered accompanied by the following interior and exterior appraisal forms:
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Uniform Residential Appraisal Report (FNM 1004)
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Manufactured Home Appraisal Report (FNM 1004C)
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Small Residential Income Property Appraisal Report (FNM 1025)
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Individual Condominium Unit Appraisal Report (FNM 1073)
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Individual Cooperative Interest Appraisal Report (FNM 2090)
The data entry requirements for Loan Delivery are provided in the table below:
Instructions for Delivering a Loan with an Interior and Exterior Inspection Appraisal (Full Appraisal) | ||
Sort ID | Field Name in Loan Delivery | Details |
82 | Appraisal Document File ID | Enter UCDP Doc File ID |
83 | Appraisal Amount | Enter the value on the original appraisal |
84 | Appraisal Effective Date | Enter the date on the original appraisal |
85 | Property Valuation Form | Enter appropriate appraisal form type:
|
89 | Appraisal Method | Enter "Full Appraisal" |
525 | Appraiser’s State License Number | Enter the appraiser's state license or certification number |
534 | Supervisory Appraiser’s State License Number | Enter the supervisory appraiser's state license or certification number IF a supervisor signed the appraisal |