source:
  type: guide
  id: fnma-sel-b4-1.4-07
  authority: Fannie Mae Selling Guide B4-1.4-07 — Mixed-Use Property Appraisal Requirements
  description: Fannie Mae Selling Guide B4-1.4-07 — Mixed-Use Property Appraisal Requirements.
  coverage_tier: operative
obligations:
- id: fnma-sel-b4-1.4-07-full
  canonical_id: fnma-sel-b4-1.4-07-full
  section: Fannie Mae Selling Guide B4-1.4-07 — Mixed-Use Property Appraisal Requirements
  type: do
  tags:
  - regulator-direct
  - fnma
  - selling-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Selling Guide B4-1.4-07 — Mixed-Use Property Appraisal Requirements
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/selling-guide
    snapshot_id: 5f7b8b79da595d76
    fetched_at: '2026-05-25T14:09:57Z'
    content_hash: sha256:98cf85a02861bbe84914a0e339b327c8fc131869a8a573882007bbeea60c5701
    paragraph_quote: 'B4-1.4-07, Mixed-Use Property Appraisal Requirements (06/04/2025)
      Introduction This topic contains information on special appraisal considerations
      for mixed-use properties, including: Overview Appraisal Requirements for Mixed-Use
      Properties Uniform Appraisal Dataset (UAD) 3.6 Policy Overview Fannie Mae purchases
      or securitizes mortgage loans secured by properties that have a business use
      in addition to their residential use provided that special eligibility criteria
      are met. These business uses can include, but are not limited to, properties
      with space set aside for day care facilities, beauty or barber shops, or doctor’s
      oﬃces. For eligibility criteria, see B2-3-04, Special Property Eligibility Considerations.
      Appraisal Requirements for Mixed-Use Properties The appraisal requirements for
      mixed-use properties must Published May 6, 2026 609 provide a detailed description
      of the mixed-use characteristics of the subject property; indicate that the
      mixed use of the property is a legal, permissible use of the property under
      the local zoning requirements; report any adverse impact on marketability and
      market resistance to the commercial use of the property; and report the market
      value of the property based on the residential characteristics, rather than
      of the business use or any special business-use modiﬁcations that were made.
      Uniform Appraisal Dataset (UAD) 3.6 Policy Lenders using UAD 3.6 must follow
      the requirements in the UAD 3.6 Policy Supplement. Recent Related Announcements
      The table below provides references to recently issued Announcements that are
      related to this topic. Announcements Issue Date Announcement SEL-2025-04 June
      04, 2025'
  judgment: false
