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Requirements if a Desktop Appraisal is Obtained

 

Enter "Desktop Appraisal" in the Appraisal Method field when a loan is delivered with a desktop appraisal.

Note: Refer to the Selling Guide for eligible transaction criteria. 

The data entry requirements for Loan Delivery are provided in the table below:

Instructions for Delivering a Desktop 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:
  • FNM 1004
89 Appraisal Method Enter “Desktop Appraisal”
525 Appraiser’s State License Number Enter the appraiser's state license number 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

 

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