Module 3: Specialty Inspections

Chapter 19: Fannie Mae Property Inspection (FNMA)

Fannie Mae requires that a standard Fannie Mae Form 30 be completed along with the standard inspection. The Servicer uses this form to document property inspections to determine the condition of properties owned or securitized by Fannie Mae. Common photo requirements will include the front, side and neighborhood view. Check with the client for all instructions including the photo requirements. This inspection type will also ask for the inspector to provide an opinion of market value. There are several free online resources that can be utilized to determine market value including zillow.com, domania.com and realestate.com.