HUD 91322.1 Master Appraisal Report (MAR) Attachment Number 1

Master Appraisal Report
(MAR)
Attachment Number 1

U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner

OMB Approval No. 2502-0493 (Exp. 03/31/2009)

Public reporting burden for this collection of information is estimated to average 30 minutes per response, including the time for reviewing instructions, searching
existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This information is required to obtain
benefits and voluntary. HUD may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.
Section 203 of the National Housing Act authorizes the Secretary of the Department of Housing and Urban Development to insure mortgages on an application by an
approved mortgagee for appraisal. The Master Appraisal Reports permit the listing of models covering types of individual homes proposed for construction. The
information collection sets forth the general and specific conditions that must be met before HUD can endorse a Firm Commitment for mortgage insurance. The
information collection is prepared by participating lenders working with developers. HUD has eliminated the need to have a separate Master Appraisal Report on
individual properties, now the report can cover up to five or more models within a specific subdivision. While no assurances of confidentiality are pledged to respondents, HUD generally discloses this data only in response to a Freedom of Information request.
Name of Subdivision

Schedule of Alternates
Alternate
Number
Col.1

MAR Number

Description of Alternates
Col. 2

Proposed Change
in Selling Price
+ or Col. 3

House Type

Appraiser's
Estimate of Value
+ or Col. 4

DE Underwriter's
Accepted Value
+ or Col. 5

Values may be increased by including any or all of the variations or items of equipment in the amounts stated above. However, the net increase amounting to
more than ___________ % on any plan will require DE Underwriter approval to ensure that the property will not be overvalued in relation to comparable properties
in the area. Options shown must be limited to those items that would affect the basis valuation of the dwelling.
Date

Signature of DE Underwriter

ID #

For HUD Use Only for concurrence of Direct Endoresement Processing of a Signature of HID Authorized Agent
Master Appraisal Report. If signed, this may be considered a HUD conditional
commitment for conversion to the Department of Veterans Affairs.
Signature of Mortgagor

Previous edition is obsolete
Retain this record for three years.

Signature of HUD Authorized Agent

Date

Date

form HUD-91322.1 (01/2003)
ref Handbook 4115.3