1007
What is the 1007 Form in Mortgage Loans?
Form 1007 is the Fannie Mae (Federal National Mortgage Association) designation for the single-family comparable rent schedule, ad addendum to the standard appraisal report.
The 1007 schedule is used when the subject property is a single-family residence that is being purchased as an investment (non-owner-occupied) property.
For more information, see also the following entries:
- :Appraisal:
- :Fannie Mae:
- :Federal National Mortgage Association:
- :Investment Property:
- :Mortgage Loan:
- :Owner-Occupied:
- :Residential Property:
- :Single-Family Residence:
- :Single-Family Rent Schedule: