UAD 3.6 discussion

[DWiley]

Applicable to condos, door thresh hold measured...to 10th of a foot!

Fannie Mae UAD 3.6 Supplement (June 2025):
• “The appraiser must measure the vertical height from adjacent ground or street grade to the front entrance threshold, recording this dimension to the nearest tenth of a foot.”�(Fannie Mae UAD 3.6 Policy Supplement, June 2025, Page 27 of 164)
• “Documentation must include photographs or sketches illustrating any exterior steps, porches, or walkways leading from the street grade to the front entrance.”�(Fannie Mae UAD 3.6 Policy Supplement, June 2025, Page 28 of 164)
• “The presence and materials of walkways or driveways connecting the street to the entrance (such as concrete, blacktop, pavers, or bricks) must be noted in the appraisal report.”�(Fannie Mae UAD 3.6 Policy Supplement, June 2025, Page 28 of 164)
• “Stairs or steps providing access to the front entrance must be documented and their impact considered in site condition assessment.”�(Fannie Mae UAD 3.6 Policy Supplement, June 2025, Page 29 of 164)
Fannie Mae Standardizing Property Measuring Guidelines (June 2025):
• “Elevations of exterior features must be measured and reported accurately to reflect the height difference between street grade and the front door.”�(Standardizing Property Measuring Guidelines, June 2025, Page 15 of 73)
• “Supporting documentation for these measurements must include a sketch or diagram in the appraisal report and photographs capturing the elevation features of walks, stairs, and porch areas.”�(Standardizing Property Measuring Guidelines, June 2025, Page 16 of 73)
• “Precise measurements for entrance height are mandatory without exception, ensuring consistency following ANSI Z765-2021 alignment.”�(Standardizing Property Measuring Guidelines, June 2025, Page 17 of 73)
Freddie Mac UAD 3.6 Specification (June 2025):
• “Appraisers are required to record the height of the front entrance above street or ground grade for all relevant residential property types.”�(Freddie Mac UAD 3.6 Specification, June 2025, Page 12 of 52)
• “The appraisal should detail any stairs, porches, or access areas that affect the front entrance’s elevation relative to the street, supported by photo documentation and sketch exhibits.”�(Freddie Mac UAD 3.6 Specification, June 2025, Page 13 of 52)

OMG - How many times is this GenAI hallucination that is full of bad info going to get posted?

Example - Google this doc - Standardizing Property Measuring Guidelines, June 2025, Page 17 of 73. You will find that there is a doc with this title, but is a 6 page doc with no such comment.
I will save you the trouble of even looking for it - here is the link: https://singlefamily.fanniemae.com/media/30266/display

Rather than react to all the "fear bait" that is being thrown around, I suggest people look at the actual UAD specs and/or the official UAD training.

 

[Terrel L. Shields]

or better yet, eschew secondary market because secondary market wants to run you out of business anyway. Why invest in a dying dinosaur.

 

[Fernando]

or better yet, eschew secondary market because secondary market wants to run you out of business anyway. Why invest in a dying dinosaur.

Because most Americans can't afford a mortgage without the secondary market.

 

[djd09]

OMG - How many times is this GenAI hallucination that is full of bad info going to get posted?

Example - Google this doc - Standardizing Property Measuring Guidelines, June 2025, Page 17 of 73. You will find that there is a doc with this title, but is a 6 page doc with no such comment.
I will save you the trouble of even looking for it - here is the link: https://singlefamily.fanniemae.com/media/30266/display

Rather than react to all the "fear bait" that is being thrown around, I suggest people look at the actual UAD specs and/or the official UAD training.

buy the book...take the class...measure to the inch...are you signing the 3.6

 

[DWiley]

buy the book...take the class...

No need to buy anything. There are plenty of free resources, including free training.

 

[djd09]

let the brainwashing commence...

 

[Terrel L. Shields]

Because most Americans can't afford a mortgage without the secondary market.

untrue. Conventional shorter-term loans in the non-conforming markets can be cheaper interest rates. I just saw one for 4.05% 10 year term. And adjustable rates are even lower. 3 year ballon.

The last mortgage I had was years ago but secondary market wanted no shorter than 15 years - and $5000 closing costs. I went with a commercial loan at 5% (just above secondary market with under $1000 in fees and a 7 year term. The fees alone made up the difference in interest rate.

 

[djd09]

isn't that what the drug dealers do...the first dose is free

 

[Fernando]

untrue. Conventional shorter-term loans in the non-conforming markets can be cheaper interest rates. I just saw one for 4.05% 10 year term. And adjustable rates are even lower. 3 year ballon.

The last mortgage I had was years ago but secondary market wanted no shorter than 15 years - and $5000 closing costs. I went with a commercial loan at 5% (just above secondary market with under $1000 in fees and a 7 year term. The fees alone made up the difference in interest rate.

I heard other countries don't have 30 year mortgages and would require larger down payments.
Americans are so fortunate to have secondary market. Otherwise most Americans wouldn't qualify to get a loan and thus, home prices wouldn't be so high.

 

[Terrel L. Shields]

Americans are so fortunate to have secondary market.

Without government back loans Americans would be far more fortunate because they would find real estate to be cheaper. Until FNMA became common, home prices fell as a house aged. Today, it only inicreases. That makes no sense.

Anyone who takes out a loan longer than 10 or 15 years is cheating themselves. the interest you pay over the decades of a 30-year loan means that $300,000 home will cost you over $1,000,000. Do the math.

High prices only benefits slum lords like you.