What appraisal form do I use?

The appraiser must complete the Fannie Mae Form 1004 MC/Freddie Mac Form 71, Market Conditions Addendum to the Appraisal Report, for every appraisal.  Other forms to be used in the completion of an FHA appraisal are as follows:

  • Single Family Detached, Attached or Semi-Detached Residential Property  - Fannie Mae Form 1004/Freddie Mac Form 70, Uniform Residential Appraisal Report (URAR); MISMO 2.6 GSE Format
  • Single Unit Condominium – Fannie Mae Form 1073/Freddie Mac Form 465, Individual Condominium Unit Appraisal Report; MISMO 2.6 GSE format
  • Manufactured Housing – Fannie Mae Form 1004C/Freddie Mac Form 70B, Manufactured Home Appraisal Report; MISMO 2.6 Errata 1 format
  • Small Residential Income Properties (Two to Four Units) – Fannie Mae Form 1025/Freddie Mac Form 72, Small Residential Income Property Appraisal Report; MISMO 2.6 Errata 1 format
  • Update of Appraisal (All property types) – Summary Appraisal Update Report Section of Fannie Mae Form 1004D/Freddie Mac Form 442, Appraisal Update and/or Completion Report; MISMO 2.6 Errata 1 format
  • Compliance of Final Inspection for New Construction or Manufactured Housing – Form HUD-92051, Compliance Inspection Report, in Portable Document Format (PDF)
  • Compliance of Final Inspection for Existing Property – Certification of Completion Section of Fannie Mae Form 1004D/Freddie Mac Form 442, Appraisal Update and/or Completion Report; MISMO 2.6 Errata 1 format 


Instructions detailing specific requirements for reporting the results of the appraisal, including data and file format and delivery are found in the FHA Single Family Housing Appraisal Report and Data Delivery Guide at https://www.hud.gov/program_offices/housing/sfh/handbook_references

For additional information see Handbook 4000.1 II.D.3. available at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh


All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-04131