Appraisals
Our Philosophy
We review appraisals to determine whether the reports meet our requirements and that the opinion of market value is adequately supported. The Freddie Mac Multifamily Seller/Servicer Guide is an excellent resource for Optigo® lenders and appraisers alike — become familiar with the requirements set forth in Chapter 60.
Fair Lending
Per Guide Chapter 60.8: “The appraiser must describe the Property and the neighborhood in factual, unbiased and specific terms. The appraiser may not consider any information about the geographic area, neighborhood, occupants, owners or prospective owners of the Property that involves the following prohibited factors: race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, age, receipt of income of tenants derived from any public assistance program, the retaliation for exercise of any federally protected civil right, familial status, and disability.”
Latest Updates
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January 30, 2023
Additional Appraisal Requirements Memopdf -
December 19, 2022
Appraisal 101 Curriculum Launchedpdf
Learning Tools
Additional Resources
- Chapter 60 of the Seller/Servicer Guide
- Appraisal Checklist - 05/09/2023
- Restricted Vendor List (For Optigo lenders only)
- Multifamily Appraisal FAQs - 05/22/2020
- Top 5 Appraisal Review Observations - 08/06/2019
- Real Estate Appraisals Best Practices - 06/04/2021
- Consideration of Fire Damage or Other Insurance Proceeds in Appraisals - 06/03/2022
- Development of Capitalization Rates — Proforma vs T-12 - 06/03/2022
- Property Taxes in a Freddie Mac Appraisal - 10/30/2023
- SBL Appraisals - 50 Pages - 08/06/2019
- TAHX Appraisals - 75 Pages - 08/06/2019
- Validating Large Value Increases Over a Short Time - 06/03/2022
- Valuing Non-Stabilized Multifamily Properties - 06/03/2022