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Candid, credible, and reliable collateral valuation information is an essential
part of Farmer Mac's decision to purchase (or commit to purchase) qualified
loans directly from lenders approved as loan Sellers.
Collateral valuation (appraisal and evaluation) reports are used to:
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Identify the "Value" in the Loan-to-Value ratio,
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Assess the security property's contribution to the borrower's financial
strength and, in Farm and Ranch property valuations, the borrower’s debt
service capacity, and
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Identify and understand the security property’s market characteristics and
risk.
Farmer Mac’s Collateral Valuation Standards and Guidelines are contained in its
Collateral Valuation Supplement (CV Supplement) to the Farmer Mac
Seller/Servicer Guide (Guide).
The CV Supplement can be obtained as a download in the CV Downloads section
below.
Also, Sellers may access the CV Supplement by logging into the Seller section
of the Farmer Mac website.
If appraisers or others are unable to download the PDF version available in
this section, a copy of the CV Supplement may be obtained from a Seller or by
calling Melinda Davis at Farmer Mac at 800-879-3276 ext. 606, or by
emailing a request to Farmer Mac either through the "Ask a Question" option
below or directly to Melinda_Davis@farmermac.com.
Chapter CV101 contains general collateral valuation standards and guidelines
and the standards and guidelines for Farm and Ranch and Specialized
Agricultural Facility property appraisals and evaluations.
Chapter CV201 addresses the collateral valuation-related standards and
guidelines for Loan Servicing.
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Click here (CV101 Q&A) for answers to questions
regarding
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General CV standards and guidelines (CV101.1, 2, & 3)
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Farm and Ranch and Specialized Production Agricultural Facility valuations
(CV101.4, 5, & 6)
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CV Acceptance, Review, and Performance (CV101.7)
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CV Updates for routine actions (CV101.8) (See CV201 for collateral valuation
services related to distressed loan performance situations)
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CV Examples, Illustrations, and Process Information (CV101.9)
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The Farmer Mac Collateral Valuation Report Forms and Worksheets are available
below in PDF format. (click here to contact the Adobe home page if
you need the free version of the 
Adobe
Acrobat Reader for viewing PDF format. Please contact Farmer Mac's
marketing department at (1-800-879-3267) to request a copy of these forms in an
additional format. |
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Farm and Ranch, And Specialized Agricultural Facility Report Forms
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Please click on the “Ask a Question” tab below if the foregoing material did not provide the collateral valuation-related information you were seeking.
Ask a Question
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For the former CV 201, Part-Time Farm material, contact Farmer Mac Marketing Department
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