Service
Appraisal review policy and procedures
A written appraisal and evaluation review policy built to the Interagency Appraisal and Evaluation Guidelines, with checklists your staff can run. Plus audit and examination support when the regulator asks how your review function works.
What the Interagency Guidelines expect in a review policy
- Reviewer qualifications. Education, experience, training, and independence from loan production.
- Timing. Reviews completed before the credit decision.
- Scope. Calibrated to transaction type, risk, and size.
- Documentation and findings. How reviews are recorded and communicated, and how inaccuracies, weaknesses, and ambiguities are resolved.
- Escalation. When an appraisal is rejected, and how suspected fraud is referred to the appropriate regulator.
What ARC delivers
A written policy, a review checklist, and an engagement and escalation procedure, fitted to your institution's size and lending mix. Our principals have served on a state appraiser licensing board and a financial institution's loan and credit committee, and we write to what examiners ask.
Questions
Appraisal review policy and procedures, answered
Flat fee, quoted before work starts. Coverage in all 50 states and Puerto Rico.
What do the Interagency Guidelines require for appraisal review?
A documented review function: qualified reviewers independent of loan production, reviews completed before the credit decision, scope matched to risk, recorded findings, and a path for rejected appraisals and suspected fraud.
Does ARC help with exam findings?
Yes. We review the finding, revise the policy and checklists, and document the changes for the examiner.