View 3b: Property Page/Valuation Section

Property Valuation

Complete this section if it applies to the specific loan being delivered.

  • Appraisal Effective Date [ID 84] (conditionally required when appraisal exists)

    For mortgages with an Appraisal and Appraisal Update and/or Completion Report (FNM 1004D), enter the effective date of the appraisal. None of the dates from the 1004D should be provided. For loans with any other valuation method, enter the date reported on the form or method used.

  • Property Valuation Form Type [ID 85] (conditionally required for conventional and valuation method is Drive By, Full Appraisal or Field Review)

    Enter the name of the property valuation form used to provide the property value upon which the loan underwriting decision was based. Options include:

    • Desktop Underwriter Property Inspection Report [DU Form 2075]

    • Exterior Only Inspection Individual Condominium Unit Appraisal Report [FNM 1075]

    • Exterior Only Inspection Individual Cooperative Interest Appraisal Report [FNM 2095

      ]

    • Exterior Only Inspection Residential Appraisal Report [FNM 2055]

    • Individual Condominium Unit Appraisal Report [FNM 1073]

    • Individual Cooperative Interest Appraisal Report [FNM 2090]

    • Manufactured Home Appraisal Report [FNM 1004C]

    • One Unit Residential Appraisal Field Review Report [FNM 2000]

    • Small Residential Income Property Appraisal Report [FNM 1025]

    • Two To Four Unit Residential Appraisal [FNM 2000A]

    • Uniform Residential Appraisal Report [FNM 1004]