Originating & Underwriting


To help make prudent underwriting decisions, mortgage lenders rely on appraisers to provide thorough, accurate, and objective appraisal reports for reliable opinions of market value.

The appraisal is used to judge the property’s acceptability for the mortgage loan requested in view of its value and marketability.

Impact of COVID-19 on Appraisals

We have issued temporary guidance on appraisal requirements, including allowing desktop and exterior-only appraisals on many mortgage transactions. The guidance is being updated as needed.  

Career Opportunities in Residential Property Appraising

Appraiser Careers

Fannie Mae is partnering with industry stakeholders to encourage new entrants to the residential appraisal field.

Appraiser Careers Fact Sheet

What's New

New Appraising Properties with Solar Panels Overview
Check out the new Appraising Properties with Solar Panels Overview on the Help & Training page, to see appraisal requirements for properties with solar panels, broken down by common types of ownership and debt financing.

New Forms 1004 Hybrid and 1004 Desktop
Click on the Help & Training link, above, to learn about and see examples from the new Forms 1004 Hybrid and 1004 Desktop. (These forms will only be used in small numbers for testing purposes.) 


Appraiser Update June 2020

In the June 2020 edition, we share observations on the implementation of the COVID-19 appraisal flexibilities, highlight the new continuing education class on manufactured housing that we developed with McKissock, editorialize on distance to comparables, continue our series of questions from our mailbox, and more.

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Contact Us

Use this form to share what’s on your mind, submit feedback, and ask questions about appraisal topics.

Contact Fannie Mae about Appraisal Topics

    Event Opportunities - There are no new events. Check back later for future events.

    AQM FAQ updates

    Read the revised Appraiser Quality Monitoring (AQM) FAQs, which emphasize the learning opportunities the AQM letters present.

    Read FAQs
    UAD Overview

    Uniform Appraisal Dataset (UAD) 

    The UAD is a component of the Uniform Mortgage Data Program® (UMDP®), jointly established by Fannie Mae and Freddie Mac under the direction of the Federal Housing Finance Agency to provide common requirements for appraisal and loan delivery data.