Fannie Land form

[Greg davenport]

Does Fannie have an "approved" land only form?
If so, what is it called?

I use Wintotal, and in the New Fannie Mae Forms, they do not have a land only form listed, but they have one called "Land (Y2K) that we use. Never stopped to think if that is "fannie approved" or not, and have never been questioned on it.

 

[Wendy]

I've switched to using the Alamode GP land form. It's nicer than the old "Y2K" form.

Never have had anyone ask for a Fannie compliant land appraisal - I do not even know if Fannie loans on land.

 

[CANative]

Fannie and Freddie don't securitize loans made on undeveloped land. There are no Fannie/Freddie forms for this type of appraisal. Use whatever you want or whatever the client wants. It should not make any difference.

 

[Greg davenport]

Thanks for the help.

Clients want us to use the GP form.