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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:
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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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