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Appraisals Standards

Appraisals are an intricate part of the real estate lending process whether consumer or commercial. Whether the transaction requires an appraiser or uses an evaluation, the bank must ensure that each is performed according to the requirements and protects the bank from losses resulting from incorrectly valued real estate collateral. This course provides bankers with a guide to the appraisal standards, as well as what is required of the bank’s appraisal and evaluation program.
SKU: P2570EN
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The purpose of the appraisal regulations and the guidelines is to ensure that real estate appraisals are performed by competent appraisers. Whether the transaction requires an appraiser or uses an evaluation, the bank must ensure that each is performed according to the requirements and protects the bank from losses resulting from incorrectly valued real estate collateral.

Course Learning Objectives

By taking this online Appraisal Standards course, the user will learn:

  • The basic requirements for the appraisal program
  • The difference between an appraisal and an evaluation
  • The qualifications for an appraiser
  • The relationship to other Regulations

Course Outline

This online Appraisal Standards course is made up of the following sections:

  1. Background
  2. Appraisal Evaluation Program
  3. The Appraisal Process
  4. Appraiser Qualifications
  5. Transactions that Require Appraisals
  6. Evaluations
  7. Life of Appraisals and Evaluations
  8. Appraisals & Other Compliance Regulations

Course Audience

This Appraisals Standards online training course was designed for lending staff and employees involved in the real estate loan process.

If you have any concerns as to whether this course is appropriate for you or your industry, please browse our full selection of online courses.

Products specifications
Course LanguageEnglish
Length Range30 Minutes or Less
Length (Hours)0.5
Course FeaturesAudio, Mobile, Accessible
Module Number(s)41270EN