What methodologies do lenders use to calculate LTV ratios when a newly constructed custom home appraises significantly below the builder contract price due to change orders?
Download run
Fan-out diagram
The searches the AI actually ran for this prompt.
SEED QUERY
What methodologies do lenders use to calculate LTV ratios when a newly constructed custom home appraises significantly below the builder contract price due to change orders?
3 real searches · 1 real-search pass
Fannie Mae Selling Guide construction-to-permanent loan LTV lesser of construction cost appraised value change orders custom home appraisalGoogle ↗
OBSERVEDConsequence
Freddie Mac Seller Servicer Guide construction conversion LTV appraised value cost contract price new constructionGoogle ↗
OBSERVEDReason
Fannie Mae purchase transactions LTV lesser of sales price appraised value new construction builder change ordersGoogle ↗
OBSERVEDConsequence
Badge and edge weight = share of passes that produced the query. Hover a query for its intent and routing format.
Query classes
Google's semantic query class for every sub-query: what kind of answer each search is after, simulated vs real.
ChatGPT real searches (3)
Classes come from the query-classifier (a local Laya model). 3 of 3 calls are low-confidence (under 50%) — hover a query in the table to see its confidence.
Searches and sources
ChatGPT3 real searches · gpt-6
Fannie Mae Selling Guide construction-to-permanent loan LTV lesser of construction cost appraised value change orders custom home appraisal Google ↗
Freddie Mac Seller Servicer Guide construction conversion LTV appraised value cost contract price new construction Google ↗
Fannie Mae purchase transactions LTV lesser of sales price appraised value new construction builder change orders Google ↗
- Loan-to-Value (LTV) Ratios · selling-guide.fanniemae.com
- Freddie Mac Single-Family Seller/Servicer Guide PDF · guide.freddiemac.com
- Conversion of Construction-to-Permanent Financing: Single-Closing Transactions · guide-selling.fanniemae.com
- Conversion of Construction-to-Permanent Financing: Single-Closing Transactions · selling-guide.fanniemae.com
- Understanding Home Appraisals · yourhome.fanniemae.com
Queries
3 queries · click a column to sort
| Query / type | Search | Intent | Query class | Routing format | Cluster | Freq ↓ | Weight |
|---|---|---|---|---|---|---|---|
Fannie Mae Selling Guide construction-to-permanent loan LTV lesser of construction cost appraised value change orders custom home appraisal OBSERVED | Google ↗ AI Mode ↗ | — | Consequence | — | — | 1x of 1 | |
Freddie Mac Seller Servicer Guide construction conversion LTV appraised value cost contract price new construction OBSERVED | Google ↗ AI Mode ↗ | — | Reason | — | — | 1x of 1 | |
Fannie Mae purchase transactions LTV lesser of sales price appraised value new construction builder change orders OBSERVED | Google ↗ AI Mode ↗ | — | Consequence | — | — | 1x of 1 |