Service
SBA loan appraisal review
A review of the appraisal behind an SBA 7(a) or 504 loan. We test it against SBA's appraisal requirements in the current SOP 50 10, as well as USPAP and the Interagency Guidelines, so the file holds up for both the bank's examiner and SBA.
What the review checks
- SBA requirements. Appraiser credentials, intended users, and the value premises SBA calls for, measured against the SOP in effect on the loan.
- Real estate versus business value. Owner-occupied and special-purpose properties often sell with a business. We check that the real estate value stands on its own and that going-concern value is not counted as collateral.
- Special-purpose property. Hotels, car washes, c-stores, funeral homes, daycare, medical and other single-use buildings, where the income and the cap rate need the closest look.
- Support for the value. Comparable sales, income, expenses and the cap rate, tested for reasonableness.
- A clear disposition. Accept, accept with conditions, request revisions, or reject, with the reasons stated.
Best for
SBA 7(a) and 504 lenders, preferred lenders working under delegated authority, and CDC partners who want an independent check before closing.
Questions
SBA loan appraisal review, answered
Flat fee, quoted before work starts. Coverage in all 50 states and Puerto Rico.
Does an SBA loan appraisal need a review?
The lender is responsible for the appraisal it relies on. SBA's SOP sets the appraisal requirements; the bank's own review policy under the Interagency Guidelines governs how it is reviewed. An outside review documents both.
Which SBA rules does ARC apply?
The SOP 50 10 version in effect for the loan, plus USPAP Standard 3 and the Interagency Guidelines. SBA thresholds and requirements change between SOP versions, so we confirm the version with each file.
Can ARC review the business valuation too?
Yes, when the credit file needs it. Business and equipment reviews are handled by credentialed reviewers with business valuation and equipment designations.