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Loan Appraisal Form

Loan Appraisal Form

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Instructions and help about form 12661 form

hi everyone welcome back to ask the instructor presented by campus mortgage today's question is what do the numbers 10:04 1073 and 1025 refer to on appraisal reports great question as an underwriter hereo my thoughts the numbers refer to The Fanny May form number for the different appraisal reports the 104 is used typically for single family detached dwellings puds planned unit development attached puds or attached Town Homes the 107 3 is used for condominium units and the 1025 is used for 2 to four family dwellings these are commonly known as uniform residential appraisal reports Ur AR they must be completed by licensed certified appraisers and comply with the uniform standards of professional appraisal practice guidelines Freddy Mack uses form 70 form 465 and form 72 to identify these same appraisal forms this concludes our 1 minute video as always don't forget to download our course catalog at campus mortgage.org

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