Fannie Mae Form 2055 (Old Form) - Tomaino Appraisal, LLC-2026

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The document is a summary appraisal report prepared by Tomaino Appraisal for a mortgage finance transaction. It includes detailed information about the property being appraised, such as its address, ownership, neighborhood characteristics, and market conditions. The report outlines the appraisal process, including inspections and data analysis of comparable sales to estimate the property's market value. It emphasizes that the appraisal is intended solely for the lender/client and includes disclaimers regarding the appraiser's responsibilities and limitations.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the File No. and Case No. at the top of the form. This information is crucial for tracking your appraisal.
Fill in the Property Address, City, State, Zip Code, and County. Ensure accuracy as this identifies the property being appraised.
Complete the Current Owner, Borrower, and Occupant sections. Specify if the property is Owner-Occupied, Tenant-Occupied, or Vacant.
In the Neighborhood or Project Name section, indicate whether it’s a PUD or Condominium and provide HOA fees if applicable.
Proceed to fill out details regarding Sales Price, Date of Sale, and Property Rights Appraised. This data is essential for valuation.
Continue through each section methodically—detailing improvements, site conditions, neighborhood characteristics, and comparable sales analysis.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How old can an appraisal be for Fannie Mae?

What is the major difference between the Fannie Mae 1004 form and the 2055 form? The 1004 is six pages, and the 2055 is four pages. On the 2055, the appraiser must document the source of information for the subjects GLA and physical characteristics.

What is a 2055 appraisal form?

Exterior-Only Individual Cooperative Interest Appraisal Report (Form 2095)for an appraisal of an individual cooperative unit based on an exterior-only property inspection.

What is the difference between 1004 and 2055 appraisal?

2055- this form is a little shorter then form 1004 as it does not require interior photos. This is beneficial since it would not inconvenience you if you could not be at the home when the appraisal comes out to the home. Or if there is some type of issue inside the house.

What is a 2095 appraisal?

Fannie Mae Form 2095: Exterior-Only Individual Cooperative Interest Appraisal Report. This report is used for appraising Cooperative Interest properties. An exterior-only inspection of the subject is completed. The appraiser provides the Sales Comparison Approach to determine an opinion of value.

What is a 2055 appraisal form used for?

Form 2055 is designed to report the results of an appraisal of a 1-unit property, including a unit in a Planned Unit Development (PUD), Detached Condominium Unit or a 1-unit property with an accessory unit. An exterior-only inspection of the subject property is required.

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What is a red flag on an appraisal?

Red Flag. Appraisals Data is inconsistent within the Appraisal, or is inconsistent with other underwriting data, current market conditions or comparable data. Valuation method used by the Appraiser is inconsistent with standard practices.

Fannie Mae Form 2055 (Old Form) - Tomaino Appraisal, LLC-2026

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How to use or fill out Fannie Mae Form 2055 (Old Form) - Tomaino Appraisal, LLC with our platform

Complete this form in 5 minutes or less

Got questions?

How old can an appraisal be for Fannie Mae?

What is a 2055 appraisal form?

What is the difference between 1004 and 2055 appraisal?

What is a 2095 appraisal?

What is a 2055 appraisal form used for?

Security and compliance

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What is a red flag on an appraisal?

form 2055 appraisal

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