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EEM Calculator Page
Field Descriptions

The field descriptions for the EEM Calculator page are provided below in the order they appear on the page.

Field

Description

FHA Case Number

Unique 10-digit identifier assigned to the mortgage by the Federal Housing Administration (FHA).

Adjusted Value

Calculated value* for the property as follows:

•	Purchase case: Adjusted Value is the lesser of the (a) Sales Price less Inducements to Purchase plus Borrower Paid Appraiser Required Repairs or (b) Appraised Value.
•	Refinance case; property acquired by the borrower within 12 months of Case Number Assignment date: Adjusted Value is the lesser of the (a) original Sales Price plus any documented improvements made subsequent to the purchase or (b) Appraised Value.
•	Refinance case; property acquired by the borrower within 12 months of Case Number Assignment date by inheritance or through a family member's gift: Same calculation used for properties purchased 12 months or greater than the Case Number Assignment date.
•	Refinance case; property acquired by borrower greater than or equal to 12 months prior to the Case Number Assignment date: Adjusted Value is the Appraised Value.
•	Streamline refinance case: Appraised Value of the prior FHA-insured mortgage.
•	HUD REO case: If there is no appraisal, the Adjusted Value is the Sales Price. Otherwise, Adjusted Value is the lesser of the (a) Sales Price or (b) Appraised Value.
*	Any Weatherization Amount is included in the computation of the Adjusted Value.