General Appraisal Order Form & Placement Guide
Transcription
General Appraisal Order Form & Placement Guide
PRMG Appraisal Placement Guide Not for use by Correspondent Lenders It is the originator’s responsibility to complete all order forms in full to ensure your appraisal order is properly placed. Please refer to the FastTrac Resource Center to review the appraisal requirements specific to your Loan Product. For Valuation Partners, Heartland, and RELS orders, complete the following form and send it directly to [email protected]. To order appraisal products through “ValuTrac”, use the following link, or access the link via FastTrac: https://prmg.myvalutrac.com/auth/login.aspx You will need a “ValuTrac Account” to access this site. Please contact the Appraisal Department for a log-in. The ValuTrac platform is accessed by the broker or account Executive to place the appraisal order. It also provides tracking, communication with the appraiser through the Appraisal Department and appraisal notifications regarding inspection dates, expected report delivery dates, and notification of receipt of the completed appraisal. APPRAISAL ORDER PLACEMENT: Place in ValuTrac: • Conventional, FHA, USDA • All JUMBO Products Except: The Emerald Jumbo Product and The Silver Medal Jumbo Product. [See below] nd • All FHA 2 Appraisals Submit an Order to the Appraisal Desk: • The Emerald Jumbo Product must be placed with Valuation Partners AMC. • The Silver Medal Jumbo Product must be placed with RELS Valuation AMC. • Desk & Field Reviews will be placed with a PRMG Approved AMC listed below The PRMG Appraisal Department must order these products. Please submit the completed form below to [email protected]. VA: Please refer to the “VA Order Form” located in the FastTrac Resource Center for VA ordering information. PRMG Approved AMCs: Only Jumbo loans Valuation Partners: • Emerald Jumbo • All Other Jumbo Products • Desk/Field Reviews RELS Valuation: • Silver Medal Jumbo • All Other Jumbo Products • Desk/Field Reviews Clear Capital CDA: • Diamond • Platinum • Ruby • Sapphire • Gold Clear Capital Field Review (if needed): • Platinum Enhanced Field Review (if needed): • Gold Heartland: [No conforming loans] • All Jumbo products except the Emerald and Silver Medal Product Heartland is a Nationwide AMC that is integrated into ValuTrac. An order placed in ValuTrac can be easily assigned to Heartland. Revised 04/02/15 Appraisal / Desk Review / Field Review / AVM Request Form Email completed form to [email protected] or fax completed form to 951-547-6299 Revised 03/24/15 *REQUESTOR INFORMATION* First Name: Last Name: Phone Number: Requestor E-mail: Fax Number: Price Quote: *LOAN INFORMATION* Loan Number: Loan Type: Loan Purpose: if Other, enter type here FHA Case Number: Loan Amount: Estimated Closing Date: Secondary Loan Amount: Loan Program (if not selected below:) For Field Review, Desk Review and AVMs: Platinum* Ruby* Emerald** Sapphire* Silver Medal Diamond* Field Review * Second appraisal required for loan amounts >$1,000,000 (subject to change, see guidelines) Desk Review ** Second appraisal required for loan amounts >$1,500,000 (subject to change, see guidelines) Field/Desk Review Authorized by: If second appraisal required, order it now? (must be Operations Manager or Divisional Manager) (SIGNATURE) Yes No Delegated Jumbo Review Options: Field/Desk Review Authorized by: Collateral Desktop Analysis (CDA) Clear Capitaal Field Review Enhanced Field Review (must be Operations Manager or Divisional Manager) (PRINT NAME) Reason for Review: FHA Flip Second Appraisal CoreLogic GeoCore AVM Standard AVM By selecting the CoreLogic GeoCore AVM you are certifying that a FHLMC HVE was run and no value was returned. FHA Flip Second Appraisal (Retail Exception) *PRIMARY BORROWER INFORMATION* First Name: Home Phone Number: Last Name: Mobile Phone Number: Work Phone Number: Mailing Address Number: Mailing Address Street: Mailing Address Line 2: City: ZIP: State: *CO-BORROWER INFORMATION* First Name: Home Phone Number: Last Name: Mobile Phone Number: Work Phone Number: Mailing Address Number: Mailing Address Street: Mailing Address Line 2: City: ZIP: State: *CONTACT INFORMATION* First Name: Last Name: Office Number: Mobile: Best Time to Call: Email: *PROPERTY INFORMATION* Street Number: Street Name: Street Name 2: City: ZIP: Property Type: Condo/PUD Name: Estimated Value: Sales Price: Building Status: Year Built: Legal Description: State: Appraisal / Desk Review / Field Review / AVM Credit Card Authorization Form By signing this form, I authorize Paramount Residential Mortgage Group, Inc to order the required Appraisal. Borrower Name: Select One: Loan Number: Borrower Paid Contact Name: Seller Paid Contact Number/ E-Mail: Broker Paid *CARDHOLDER INFORMATION* First Name: Middle Initial: Last Name: Phone Number: Email Address: *BILLING ADDRESS* Street Number Street Name: ZIP: City: State: Credit Card Type: Credit Card Number: Card Verification Security Code: Expiration Date (MM/YY) / *FORMS REQUIRED* Appraisal Form Amount: Second Appraisal Form Amount: 1007 Form Amount: 216 Form Amount: Final Inspection Amount: Desk Review Amount: Field Review Amount: AVM Amount: (Email appraisal request form to [email protected] for price quote) Should the loan fail to close, I understand the payment of this fee is still my responsibility. Cardholder Signature Date