Appraisal Age and Use Requirements | Fannie Mae
The age of the appraisal report must be less than 12 months from the note date of the subsequent transaction. If the appraisal report is greater than four months from the date of the note and …
Section 5604.3 - Freddie Mac
Jun 4, 2025 · The effective date of the appraisal report must be no more than 12 months before the Note Date. If the effective date of the appraisal report is more than 12 months before the Note Date, a …
Appraisal Age and Use Requirements | Homium Underwriting Bible
When the effective date of the original appraisal report is more than 6 months from the date of the note and mortgage (with or without an appraisal update) a new appraisal report is required.
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Age of Documentation Requirements for the Appraisal (URAR)
Acceptable Age 3. 3.1. Age of report 3.1. 3.2. Age of a PDR 3.2. 4. Reporting Requirements 4. 4.1. Reporting Requirements 4.1. 5. Closing Slides 5. 5.1. Closing v2 5.1.
Jul 7, 2021 · Age of appraisal nths that precede the date of the note and mortgage. With this update, we have clarified that the age of the appraisal is the difference between the effective date of the original …
What is required for appraisal age and update?
When the effective date of the original appraisal report is more than 12 months from the date of the note and mortgage (with or without an appraisal update) a new appraisal report is required.
Guide Section 5604.3
The effective date of the appraisal report must be no more than 12 months before the Note Date. If the effective date of the appraisal report is more than 12 months before the Note Date, a new appraisal …
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Review of the Appraisal Report | Fannie Mae
Feb 3, 2001 · This topic provides lender requirements related to the transaction details and the property and appraisal eligibility analysis.
Guide Chapter 5604 - Freddie Mac
Exhibits and addenda for appraisal reports and PDRs Age of appraisal reports, appraisal update requirements, re-use of an appraisal report for a subsequent transaction and age of PDRs
Appraisal Report Forms and Exhibits | Fannie Mae
Sep 3, 2025 · Each Fannie Mae appraisal report form includes an appraiser’s certification (and, if applicable, a supervisory appraiser’s certification) and a statement of assumptions and limiting …
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