HUD 91322.2 Master Appraisal Report (MAR) Amendment

Master Appraisal Report
(MAR)
Amendment

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 and Address of Mortgagee making request

Name of Project

MAR Number

Amendment Number

For DE Use Only
MAR Expiration Date

House
Type

*

Amendment Issue Date

Improved
Living Area

Property Data
Estimate
of Value

Signature of DE Underwriter

Maximum
Mtg. Amt.

Closing
Costs (Est.)

ID #

Monthly Expense Estimates*
Fire
HOA
Insurance
Taxes
Charge

The estimates of fire insurance, taxes, homeowners association charge and closing costs are furnished for mortgagee and mortgagor information.
These estimates must be used to prepare Form HUD-92900, Application for Mortgage Credit Analysis.

Schedule of Alternates
Alternate
Number

Description of Alternates
(Include House Type)

Col. 1

Col. 2

DE
Accepted Value
+ or Col. 3

Values may be increased by including any or all of the variations or items of equipment in the amounts stated on form HUD-91322.1, Attachment Number 1,
MAR Number ___________________________________ , dated _____________________________ .
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.
For HUD Use Only for concurrence of Direct Endoresement Processing of a
Master Appraisal Report. If signed, this may be considered a HUD conditional
commitment for conversion to the Department of Veterans Affairs.

Signature of HUD Authorized Agent

Date

Signature of Borrower

Signature of HUD Authorized Agent

Date

Previous edition is obsolete
Retain this record for three years.

form HUD-91322.2 (01/2003)
ref Handbook 4115.3