Reconsideration of Value (ROV)

At Stewart Valuation Intelligence (SVI), strict adherence to Reconsideration of Value (ROV) guidelines has always been a core part of our approach. As industry leaders in compliance, we’ve consistently followed best practices in ensuring accurate, transparent and reliable valuations.

If you are the Borrower and would like to request an ROV, please contact your Lender – SVI is unable to initiate these requests, you must initiate an ROV with your Lender. Once that happens, your Lender can contact SVI to liaise with the appraiser and navigate the ROV process.

Real Estate House Appraisal And Home Check

Lender ROV Request

Lenders, if you have a formal ROV request process, please contact your SVI Representative. If you do not have a form, please use the form below to make sure all mandatory information is collected.

Lender in Need of an ROV for an Appraisal Report?


Reconsideration of Value FAQs

Can a borrower submit an ROV request directly to SVI?

No, a borrower must contact their lender to start an ROV request.

What do you anticipate the service level agreements (SLA) to be for ROVs? Do they vary by state?

SVI will have standard expectations for all ROV requests. SLAs may vary based on the complexity of the request and the availability of property/comparables.

Is there a charge for an ROV?

No, there is no charge for an ROV.

As an appraisal management company (AMC), does SVI align with Fannie, FHA and Freddie on limiting the allowable number of comparables to five?

SVI does align with Fannie, Freddie and FHA for an allowable number of comparables. It is important to recognize that market data is different from true comparables. Per the Fannie Mae Selling Guide: The appraiser is responsible for determining which comparables are the best and most appropriate for the assignment. Fannie Mae expects the appraiser to account for all factors that affect value when completing the analysis. Comparable sales should have similar physical and legal characteristics when compared to the subject property. These characteristics include, but are not limited to, site, room count, gross living area, style and condition. This does not mean that the comparable must be identical to the subject property, but it should be competitive and appeal to the same market participants that would also consider purchasing the subject property. Comparables that are significantly different from the subject property may be acceptable; however, the appraiser must describe the differences, consider these factors in the market value, and provide an explanation justifying the use of the comparable(s).