What is a form 1004C?

Fannie Mae Form 1004C March 2005. This report form is designed to report an appraisal of a one-unit manufactured home; including a manufactured home in a planned unit development (PUD).

Is form 216 required?

The Operating Income Statement (Fannie Mae Form 216) is NOT required, regardless of the type of property. However, since the lender must report the gross monthly rent at delivery, lenders have the option of obtaining an Operating Income Statement (Fannie Mae Form 216) to meet this requirement.

What is form 70B?

Manufactured Home Appraisal Report Form 70B is designed to report the results of an appraisal of a 1-unit Manufactured Home, including a Manufactured Home in a Planned Unit Development (PUD).

What appraisal forms are UAD compliant?

UAD Compliance Information

  • Uniform Residential Appraisal Report (Fannie Mae Form 1004/Freddie Mac Form 70)
  • Individual Condominium Unit Appraisal Report (Fannie Mae Form 1073/Freddie Mac Form 465)
  • Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Fannie Mae Form 1075/Freddie Mac Form 466)

What is FNMA 216 form?

Fannie Mae Form 216 is used to estimate the operating income associated with income-producing property. Report Includes: Complete 1007 and 216 reports and front-view photos of each comparable property.

What is form 216 used for?

Form 216 – Application for Foreign-Trade Zone Activity Permit.

Is Form 70 the same as 1004?

Today we are going to talk about the Uniform Residential Appraisal Report, which is also called Fannie Mae Form 1004 or Freddie Mac form 70. This report is used by the above mentioned governmental organizations only for residential mortgage lending.

Is Fannie Mae form 1004 required by appraisal regulations?

The form is not for manufactured homes, or condominium units. A URAR form, also known as Fannie Mae Form 1004, contains information needed to complete a full appraisal of a property using three primary approaches to determine value: cost approach, sales comparison approach and income approach.