| Product Name |
Description |
Code |
| 1004 Appraisal w/REO Addendum | Uniform Residential Appraisal Report with REO Addendum. Two to Four pages including floor plan with exterior dimensions photographs of the subject and comparable properties, location and flood maps and any assumption and limiting condition addenda. Requires licensed or certified appraiser to inspect the property and gather the information for the report. | 283 |
| 1004 D Disaster | 1004 D Disaster | 597 |
| 1004 Investment (1004&1007/216) | 1004 Investment (1004&1007/216) | 593 |
| 1004 w/out cost approach | Considers market value trends, supply & demand and marketing times. Provides a sales comparison analysis grid with indicated value by sales comparison approach. Detailed comparable grid includes fence, pool, porch, patio, deck, garage/carport, heating/cooling and functional utility. Quantitative adjustments to comparable sales. Estimates a specific market value. Used for purchase, refinance and home equity markets | 566 |
| 1004_05 Residential Appr Rpt | Uniform Residential Appraisal Report. Two to Four pages including floor plan with exterior dimensions photographs of the subject and comparable properties, location and flood maps and any assumption and limiting condition addenda. Requires licensed or certified appraiser to inspect the property and gather the information for the report. | 491 |
| 1004C Manufactured Home (1004C&1007&216) | 1004C Manufactured Home (1004C&1007&216) | 600 |
| 1004C_05 Manuf Home Appr Rpt | Manufactured Home Appraisal Addendum - 1004 C: Manufactured Home Appraisal Report Addendum | 492 |
| 1004D_05 Appr Upd/Cmpl Order | Appraisal / eValuations, Appraisal Update: An update to a previously ordered appraisal. The appraiser will re-verify the value of the property that is stated on the appraisal. | 493 |
| 1004D_05 Appraisal Update | An update to a previously ordered appraisal. The appraiser will re-verify the value of the property that is stated on the appraisal. | 523 |
| 1004D_05 Cert of Completion-Final Insp | A one page form primarily used when properties are appraised prior to the completion of their construction of renovation. | 522 |
| 1025 Multi Family (1025&1007&216) | 1025 Multi Family (1025&1007&216) | 595 |
| 1025_05 Small Res Income Appr Rpt | The appraiser's analysis and estimate of value for either a conventional or a VA mortgage that is secured by a two- to four-family property. | 494 |
| 1073 Investment (1073&1007&216) | 1073 Investment (1073&1007&216) | 594 |
| 1073_05 Indiv Condo Unit Appr Rpt | The appraiser's analysis and estimate of value for an individual condominium unit. | 495 |
| 1075_05 Ext Only Insp Indiv Condo | The appraiser's analysis and estimate of value for an individual condominium unit. | 496 |
| 2000_05 1 Unit Res Appr Field Review | A spot-check appraisal report to enable a review appraiser to address the accuracy of the data in the appraisal report being reviewed and to develop an opinion on the appropriateness of the appraisal methods and techniques that the original appraiser used. | 498 |
| 2000A_05 2 to 4 Unit Res Appr | A spot-check appraisal report to enable a review appraiser to address the accuracy of the data in the appraisal report being reviewed and to develop an opinion on the appropriateness of the appraisal methods and techniques that the original appraiser used. | 499 |
| 2055_05 Ext Only Resident Appr Rpt | Provides a specific market value; Exterior inspection only and comparable sales; certification and statement of limiting conditions; front and street scene photos of the property; comparable photos available at an additional fee; comparable adjustment grid in the Sales Comparison Analysis | 497 |
| 2090_05 Indiv Coop Interest Appr | The appraiser's analysis and estimate of value for an individual cooperative unit that secures a conventional cooperative share loan. | 500 |
| 2095_05 Ext Only Indiv Coop Interest | The appraiser's analysis and estimate of value for an individual cooperative unit to ensure the validity of data provided on the original appraisal report. | 501 |
| 216&1007 Combined (216&1007) | 216&1007 Combined (216&1007) | 596 |
| Addenda Req. | If an addition is needed to suit a lender's guidelines that was not ordered for the original report, the appraiser will be asked to address the issue(s) to facilitate the loan closing at no extra cost to the lender. | 18 |
| Addenda Req. - Fee | If an addition is needed to suit a lender's guidelines that was not ordered for the original report, the appraiser will be asked to address the issue(s) to facilitate the loan closing for a minimal fee. | 17 |
| Amendment | An Amendment is product type used when additional information is requested on a previously delivered appraisal. The Amendment is considered a new order and has a specialized product code that applies to all form types. Multiple Amendments can be ordered, each having its own unique transaction ID different from that of the original order. | 376 |
| Appraisal Update | An update to a previously ordered appraisal. The appraiser will re-verify the value of the property that is stated on the appraisal. | 367 |
| Assessor Maps | Assessor map image of the property | 457 |
| AVM/Appraisal Cascade | Cascade from AVM to Alternative Appraisal Products including BPO | 632 |
| BPO | Broker's Price Opinion. Real Estate Brokers provide comparable sales and their estimate of market value based on a 90-120 day market. | 32 |
| BPO - Int | A BPO - Interior is a one-page form consisting of Sales and Listing history, Subject Property Description, Comparable Sales that have sold within the last 6 months, Complete Listings, Marketing Conditions, Property Valuation, Interior Inspection and 2 interior and 2 exterior photos are included. | 374 |
| Centralized Desktop | An appraisal that is completed in a centralized location by a licensed appraiser. The purpose of the appraisal is to estimate the market value of the real property that is the subject of the report based upon qualitative sales comparison analysis. | 256 |
| Certified Market Analysis-CMA | For listing the property purposes, Real Estate Brokers provide comparable sales and their estimate of market value based on a 90-120 day market. | 31 |
| CMV Assisted Appraisal | A local certified appraiser selects comparable sales, searches online resources and uses AVM (CMV) and mapping technology to complete the report. This USPAP compliant product can be used for all loan amounts. | 623 |
| Comp Check | Preliminary search of compatible data in the subject market area. Often ordered when property value is uncertain or final appraisal value is crucial. | 22 |
| Comparable Rent Schedule (1007/1000) | (Rent Sched. 1007, Oper. Stmt Form 1000) Estimation of market rent and rental analysis. Usually ordered for duplexes and multi-family properties. | 16 |
| Compliance Inspection HUD 92051 | Compliance Inspection HUD 92051 | 601 |
| Condition & Marketability - Ext (2070) | Exterior report of the condition and marketability of the subject property, and does not report a value for the subject property. | 74 |
| Condition & Marketability - Int (2070) | Interior report of the condition and marketability of the subject property, and does not report a value for the subject property. | 75 |
| Condo Questionaire | Is a form that facilitates the lender's approval of a Condo project. The form is to be fully completed and signed by an officer of the Home Owner's Association or Management Company. | 625 |
| Condominium (1073/465) | The appraiser's analysis and estimate of value for an individual condominium unit. | 65 |
| Condominium Addendum Form (1073a/465a) | Addendum form, Analysis of Annual Income and Expenses-Operating Budget. Summarized information about the operating budget and reserves for the coming year for Type C condominium projects and Type 2 cooperative projects. | 66 |
| Construction Inspection Rpt | Construction Inspection Report | 76 |
| Desk Review - Complete (2006) | Property Inspection Report. An exterior-only property inspections report of the subject property from the street by a licensed or certified appraiser without an estimate of market value for the property. | 11 |
| Desk Review - Enhanced (2006) | Property Inspection Report. An exterior-only property inspections report of the subject property from the street by a licensed or certified appraiser without an estimate of market value for the property. | 245 |
| Desk Review - Limited (2075) | Property Inspection Report. An exterior-only property inspections report of the subject property from the street by a licensed or certified appraiser without an estimate of market value for the property. | 10 |
| Drive By (2065) | Qualitative Analysis Appraisal Report. Property value derived by using county records and an exterior inspection. A qualitative sales comparison in terms of value relationships between the comparable properties and the subject property without assigning an estimated dollar value to those relationships. Includes subject photos and comparable photos. | 6 |
| Drive By 2055 Ext w/Comp Pics | Provides a specific market value; exterior inspection only and comparable sales certification and statement of limiting conditions; front and street scene photos of the property; comparable photos; comparable adjustment grid in the Sales Comparison Analysis. | 177 |
| Drive By 2055 Int w/Comp Pics | Provides a specific market value; Interior inspection and comparable sales; certification and statement of limiting conditions; front and street scene photos of the property; comparable photos; comparable adjustment grid in the Sales Comparison Analysis. | 178 |
| Drive By w/Ext (2055) | Provides a specific market value; Exterior inspection only and comparable
sales; certification and statement of limiting conditions; front and street
scene photos of the property; comparable photos available at an additional
fee; comparable adjustment grid in the Sales Comparison Analysis | 49 |
| Drive By w/Int (2055) | Provides a specific market value; Interior
inspection and comparable sales; certification and statement of limiting
conditions; front and street scene photos of the property; comparable photos
available at an additional fee; comparable adjustment grid in the Sales
Comparison Analysis | 132 |
| DU Property Inspection (2075) | An exterior-only property inspections report of the subject property from the street by a licensed or certified appraiser without an estimate of market value for the property. | 34 |
| DU Qualitative Analysis - Ext (2065) | Property value derived by using county records and an exterior inspection. A qualitative sales comparison in terms of value relationships between the comparable properties and the subject property without assigning an estimated dollar value to those relationships. Includes subject photos and comparable photos. | 33 |
| DU Qualitative Analysis - Int (2065) | Property value derived by using county records and an interior inspection. A
qualitative sales comparison in terms of value relationships between the
comparable properties and the subject property without assigning an
estimated dollar value to those relationships. Includes subject photos and
comparable photos. | 135 |
| DU Quantitative Analysis - Ext (2055) | Exterior inspection report of one-family properties (including units in condominium or PUD projects) with a quantitative sales comparison analysis in which the appraiser assigns a dollar value to reflect the market's reaction to any features of a comparable sale that differ from those of the subject property. | 72 |
| DU Quantitative Analysis - Int (2055) | Interior inspection report of one-family properties (including units in condominium or PUD projects) with a quantitative sales comparison analysis in which the appraiser assigns a dollar value to reflect the market's reaction to any features of a comparable sale that differ from those of the subject property | 20 |
| E - Evaluation Rpt | The estimated market value of the subject property is determined based upon an exterior inspection and the use of five indicators of value: owner’s estimate; prior sales price; assessed value; value range of neighborhood properties; one comparable sale. | 401 |
| EGP - Evaluation Grid Rpt | The estimated market value of the subject property is determined based upon an exterior inspection utilizing three comparable sales. Features of the comparable sales are compared to the subject property and a lump sum adjustment, either positive or negative is made to each comparable sales selling price to conclude an estimated market value of the subject property. | 402 |
| Employee Relocation-ERC | Six page form utilizing Multiple Listing data regarding subject and comparable properties. Relocation appraisals are used by companies that relocate employees and assume their properties. These companies need to verify the value of the employee's property for future sale. | 15 |
| Enhanced Field Review 2000 | A spot-check appraisal report to enable a review appraiser to address the accuracy of the data in the appraisal report being reviewed and to develop an opinion on the appropriateness of the appraisal methods and techniques that the original appraiser used for a 2-4 unit + 3 additional comps | 347 |
| Fannie Mae BPO - Ext | Fannie Mae Broker Price Opinion is a fully compliant Fannie Mae BPO. Fannie Mae BPOs include three comparable listings/three comparable sales, detailed neighborhood information. | 449 |
| Fannie Mae BPO - Int | Fannie Mae Broker Price Opinion is a fully compliant Fannie Mae BPO. Fannie Mae BPOs include three comparable listings/three comparable sales, detailed neighborhood information. | 450 |
| Field Data Collection AVM Rpt | CT-MI Residentail Evaluation Mortgage Report [REMR]. | 248 |
| Field Data Collection AVM Rpt w/Pic | CT-MI Residentail Evaluation Mortgage Report [REMR] with Photo. | 253 |
| Field Inspection Product-FIP | A drive-by property inspection of residential real estate, performed by a licensed real estate agent or appraiser. The Field Inspection Product can be coupled with any desktop valuation product to produce a low cost solution for physical verification and condition of an asset. All FIPs includes a photo, property type confirmation and identifies any adverse conditions, which may negatively effect value. The Field Inspection Product does not include a value for the subject property and is not an appraisal. This report will not include an interior inspection of the subject. | 207 |
| Field Inspection Product-FIP w/Insurance | A drive-by property inspection of residential real estate, performed by a licensed real estate agent or appraiser. The Field Inspection Product can be coupled with any desktop valuation product to produce a low cost solution for physical verification and condition of an asset. All FIPs includes a photo, property type confirmation and identifies any adverse conditions, which may negatively effect value. The Field Inspection Product does not include a value for the subject property and is not an appraisal. This report will not include an interior inspection of the subject. Product includes Insurance. | 247 |
| Field Review (2000) | A spot-check appraisal report to enable a review appraiser to address the accuracy of the data in the appraisal report being reviewed and to develop an opinion on the appropriateness of the appraisal methods and techniques that the original appraiser used. | 12 |
| Field Review (2006) | A spot-check appraisal report to enable a review appraiser to address the accuracy of the data in the appraisal report being reviewed and to develop an opinion on the appropriateness of the appraisal methods and techniques that the original appraiser used. | 478 |
| Final Inspection (442) | One page form used to complement the original appraisal. Primarily used when properties are appraised prior to the completion of their construction of renovation. | 14 |
| Freddie Mac 1092 BPO - Ext | Freddie Mac 1092 Broker Price Opinion is a fully compliant Freddie Mac 1092. 1092s include detailed neighborhood information, detailed repair estimates, three comparable sales and three listings with code based value adjustments. | 451 |
| Freddie Mac 1092 BPO - Int | Freddie Mac 1092 Broker Price Opinion is a fully compliant Freddie Mac 1092. 1092s include detailed neighborhood information, detailed repair estimates, three comparable sales and three listings with code based value adjustments. | 452 |
| Full (1004) | Uniform Residential Appraisal Report. Two to Four pages including floor plan with exterior dimensions photographs of the subject and comparable properties, location and flood maps and any assumption and limiting condition addenda. Requires licensed or certified appraiser to inspect the property and gather the information for the report. | 7 |
| Full-FHA (1004) | Uniform Residential Appraisal Report. Two to Four pages including floor plan with exterior dimensions photographs of the subject and comparable properties, location and flood maps and any assumption and limiting condition addenda. Requires licensed or certified appraiser to inspect the property and gather the information for the report. | 21 |
| Generic Insured Valuation | Generic Insured Valuation | 540 |
| Generic Uninsured Valuation | Generic Uninsured Valuation | 539 |
| Individual Cooperative Interest (1075) | The appraiser's analysis and estimate of value for an individual cooperative unit that secures a conventional cooperative share loan. | 73 |
| Land Appraisal Rpt | Land Appraisal Report | 64 |
| Local Desktop | An appraisal that is completed in the local market by a licensed appraiser when the Centralized Desktop fails. The purpose of the appraisal is to estimate the market value of the real property that is the subject of the report based upon qualitative sales comparison analysis. | 257 |
| LSI Broker Price Opinion (Int) | Intended for use in default servicing, portfolio review and pre-foreclosure analysis the BPO-I consists of a full interior inspection completed by a licensed broker or realtor. All data about the interior will come from a data source (i.e. - tax records or MLS) if available, or will be estimated upon internal and external visual inspection if an actual data source is unavailable. Some of the common data provided on the report includes, but is not limited to, a detailed property condition, "AS IS" sales and list prices, "AS Repaired" price, last known sale info, currently listed info, subject data, (3) sold comparables, (3) listed comparables, and an addendum for any other comments. No photos are provided. | 587 |
| LSI DVR | A desktop valuation using the sales comparison approach. | 488 |
| Manufactured Home Appraisal Addend 1004C | Manufactured Home Appraisal Report Addendum | 345 |
| Market Conditions Addendum to the Appraisal Report | Market Conditions Addendum to the Appraisal Report (Form 1004MC) is intended to provide the lender with a clear and accurate understanding of the market trends and conditions prevalent in the subject neighborhood. The form provides the appraiser with a structured format to report the data and to more easily identify current market trends and conditions. | 606 |
| Misc. | Miscellaneous appraisal product, not specified in other products. Please
note exact requirements in Special Instructions Screen. | 19 |
| Multi Family (1025) | Multi Family (1025) | 602 |
| Operating Income Statement (216/998) | Reports the amount of operating income that can be used in evaluating the applicant's credit on applications for conventional mortgages that are secured by one-family investment properties and all two- to four-family properties (including those in which the applicant occupies one of the units as a principal residence). | 69 |
| Partial Release Appraisal | An appraisal on a partial peice of land similar to a land appraisal. Done when land is subdivided and sold. | 626 |
| Prepay Drive By w/Int (2055) | Provides a specific market value; Interior inspection and comparable sales; certification and statement of limiting conditions; front and street scene photos of the property; comparable photos available at an additional fee; comparable adjustment grid in the Sales Comparison Analysis. Payment is obtained prior to services rendered. | 371 |
| Prepay Full (1004) | Uniform Residential Appraisal Report. Two to Four pages including floor plan with exterior dimensions photographs of the subject and comparable properties, location and flood maps and any assumption and limiting condition addenda. Requires licensed or certified appraiser to inspect the property and gather the information for the report. Payment is obtained prior to services rendered. | 370 |
| Primary Conversion to Investment | Appraisal report to document the Borrower(s) Equity in their current primary residence which is being converted to an investment property. | 630 |
| Property Condition Rpt | The Property Condition Report is a drive-by property inspection, which features information about the subject property, provides an exterior photograph and identifies any adverse conditions that could negatively affect property value. | 255 |
| Property Inspection-Cond&Market (2075) | An exterior-only property inspections report of the subject property from
the street by a licensed or certified appraiser without an estimate of
market value for the property. | 137 |
| Property Occupancy Verification | Property Occupancy Verification is a 48 hour exterior inspection and photo of the subject property completed by a local real estate professional. The Property Occupancy Verification provides verifiable confirmation of the properties occupancy for loan quality control, quality assurance purposes. | 431 |
| PVR Desktop | A limited summary report based on public record and MLS data. Provides general subject and neighborhood information. Includes sales comparison analysis of three recent sales to include GLA, Bedrooms/baths, garage, porches/patio/pools. Provides estimate of subject value based on sales comparison analysis. | 443 |
| PVR Ext | A limited summary report based on public record and MLS data. Provides general subject and neighborhood information. Includes sales comparison analysis of three recent sales to include GLA, Bedrooms/baths, garage, porches/patio/pools. Includes subject property verification. Rates condition, marketability and appeal of subject property and neighborhood. Provides estimate of subject value based on sales comparison analysis and property verification. | 444 |
| Quantitative Analysis Rpt - Ext (704) | Exterior summary appraisal report. Replaced by 2055. | 67 |
| Quantitative Analysis Rpt - Int (704) | Interior summary appraisal report. Replaced by 2055. | 70 |
| Recertification of Value | If an unacceptable amount of time has passed since the original appraisal was performed and the closing of the loan, the appraiser will be asked to re-verify the value of the property that is stated on the appraisal. | 13 |
| Restricted Appraisal Rpt-Blakewood/U.S. | Restricted Appraisal Report (Blakewood/U.S. Forms) | 71 |
| Reverse Mortgage | A standard 1004 inspection with the purpose to make a determination on the value of the property for equity purposes where the loan is paid when the borrower moves or is deceased. VC sheets must be included to provide knowledge with respect to repairs. | 258 |
| Review | Conducted by certified appraiser to ensure the validity of the data provided on the original appraisal report (Forms 2000, 2006) | 8 |
| Small Residential Income (1025) | 2-4 Family Property. The appraiser's analysis and estimate of value for either a conventional or a VA mortgage that is secured by a two- to four-family property. | 68 |
| Small Residential Income FHA (1025) | 2-4 Family Property. The appraiser's analysis and estimate of value for
a FHA loan that is secured by a two- to
four-family property. | 136 |
| Tax Assessed Value | Value assigned to the property by the local taxing jurisdiction. | 9 |
| Underwriter Assistant with Value (UAV) | Proprietary Non-USPAP Compliant Appraisal Desktop Review Product | 599 |
| Unlimited Coop Review (2095) | The appraiser's analysis and estimate of value for an individual cooperative unit to ensure the validity of data provided on the original appraisal report. | 473 |
| Valuation Reconciliation | Analysis of two or more residential property valuations that can assist lenders in reconciling disparate values on a specific property. A real estate analyst performing the reconciliation renders an opinion of which value for the subject property is most likely accurate, based on the unbiased findings borne by comprehensive research. | 427 |