Fannie Mae Appraisal Review Checklist
Fannie Mae Appraisal Review Checklist
General Items
- Stay updated on Fannie Mae appraisal guidelines
- Use appraisal review software if available
- Conduct periodic training on appraisal review standards
Pre-Review Preparation
- Gather necessary documents
- Confirm appraisal request details
- Check appraiser qualifications
- Review property information and address
- Ensure compliance with Fannie Mae guidelines
Appraisal Review Process
- Verify the appraiser's independence
- Check for appropriate methodology used
- Evaluate comparables for adequacy and relevance
- Assess adjustments made to comparables
- Review property condition and quality assessment
- Confirm compliance with Fannie Mae requirements for data accuracy
Final Review and Documentation
- Summarize findings and concerns
- Document any discrepancies or issues
- Prepare recommendation for approval or further action
- Ensure all reviewer comments are clear and justified
- Submit the review report according to guidelines
Generated from Panda Checklist
Get More Done with Checklist App
Stop juggling multiple tools and spreadsheets. Our app helps you organize tasks, collaborate with your team, and track progress all in one place.
Smart Task Management
Create and organize tasks with priorities, due dates, and reminders.
Team Collaboration
Share checklists, assign tasks, and track progress in real-time.
Progress Tracking
Visualize progress with charts and stay motivated with achievements.