> For the complete documentation index, see [llms.txt](https://underwriting.homium.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://underwriting.homium.io/underwriting-property/appraisal-requirements/appraiser-selection-criteria/selection-of-the-appraiser.md).

# Selection of the Appraiser

The AMC

* is responsible for the selection of appraisers and for the qualifications and quality of work provided by the appraisers that are selected; 
* may not use appraisals ordered or received by borrowers or other parties with an interest in the transaction, such as the property seller or real estate agent. 
* must establish policies and procedures to ensure that qualified individuals are being selected in accordance with standard Fannie Mae requirements, including the [Appraiser Independence Requirements](https://www.fanniemae.com/content/fact_sheet/appraiser-independence-requirements.pdf).
* must ensure that an appraiser has demonstrated the ability to perform high-quality appraisals before using an appraiser’s services. The quality of an appraiser’s work is a key criterion that must be used in determining which appraiser the lender (or its authorized agent) uses for its assignments. The requirement for an appraiser to produce a high-quality work product must always outweigh fee or turnaround time considerations. 

Note: Homium does not approve appraisers. Therefore, when selecting appraisers, lAMC’s must not give any consideration to an appraiser’s representation that they are approved or qualified by Homium.