Selling Guide

Published June 3, 2020

The Selling Guide is organized into parts that reflect how lenders generally categorize various aspects of their business relationship with Fannie Mae. To begin browsing, select from any of the sections below. You may also download the entire Selling Guide in PDF format.

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How should the revised scope of work, statements of assumptions and limiting conditions, and appraiser’s certifications be included in the appraisal report?

Note: This FAQ comes from the published COVID-19, FAQs on Appraisals

How should an appraiser include the revised scope of work, statements of assumptions and limiting conditions, and appraiser’s certifications in the appraisal report?

The modified scope of work, statements of assumptions and limiting conditions, and appraiser’s certifications addressed in the Lender Letter must be copied and pasted, in its entirety, into a text addendum, with no edits or alterations. This may be done on a separate text addendum form, or as part of a general text addendum. 

For more information, refer to the published Lender Letter LL-2020-04, Impact of COVID-19 on Appraisals.

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