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 appraisals@prmg.net.
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 appraisals@prmg.net.
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 appraisals@prmg.net
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 appraisals@prmg.net for price quote)
Should the loan fail to close, I understand the payment of this fee is still my responsibility.
Cardholder Signature
Date