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FNMA Form 2006 with Comparables - Forms in Word

FNMA Form 2006 with Comparables - Forms in Word-2026

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The document is a Residential Appraisal Review Short Form used by lending institutions to evaluate the appraisal of a property. It includes sections for review analysis, cost analysis, market data analysis, and required addenda. The reviewer assesses various aspects such as legal descriptions, improvements, depreciation, adjustments, and comparable sales data. The document also outlines the definition of market value and the scope of the review process, along with certification and limiting conditions for the reviewer.

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Click ‘Get Form’ to open FNMA Form 2006 in our editor.
Begin by filling in the Lending Institution and Lender's Address at the top of the form. Ensure accuracy as this information is crucial for identification.
Proceed to enter the Name of Borrower, Property Address, and Loan Number. These fields are essential for linking the appraisal to the correct transaction.
In the REVIEW ANALYSIS section, verify and complete each component such as Legal Description, Census Tract, and Neighborhood. Use our platform’s comment feature for any remarks.
Move on to the COST ANALYSIS SECTION. Fill out Physical Depreciation, Functional Depreciation, and External Depreciation fields carefully. Verify all calculations using our editor’s tools.
Complete the MARKET DATA ANALYSIS SECTION by entering adjustments and comments related to comparable sales data. This will enhance your analysis accuracy.
Finally, review all entries for completeness before saving or sharing your document directly from our platform.

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What is 1004 in US mortgage?

A 1004 appraisal form is considered to be one of the most commonly used forms in residential real estate appraisals. In accordance with USPAP a 1004, or URAR, is completed when estimating the market value of a single-family dwelling complete with an exterior and interior inspection.

What form is used most often for FNMA appraisals?

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.

What is Fannie Mae form 1084?

This worksheet may be used to prepare a written evaluation of the analysis of income related to self-employment. The purpose of this written analysis is to determine the amount of stable and continuous income that will be available to the borrower for loan qualifying purposes.

Which term best describes the Fannie Mae 1004 URAR form?

This booklet focuses on the most commonly used appraisal form, the Uniform Residential Appraisal Report (URAR Form 1004/Form 70), used to appraise one-unit properties (including an individual unit in a PUD project) based on an interior and exterior property inspection.

What is Fannie Mae form 1004?

Like the 1004 and 1073 forms, the 1004C is also for residential properties but of a different sort. The 1004C form is for manufactured homes. Many of the fields are similar to the single-family and condo forms, but many are specific to manufactured homes.

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