What is a Freddie Mac hybrid appraisal?

A hybrid appraisal is a valuation format in which a third-party inspector visits the property and collects photos and data, while a licensed appraiser completes the analysis and the final opinion of value remotely. It typically costs less than a full appraisal and is used alongside other flexible formats such as desktop appraisals, which rely on public records and comparable sales with no site visit at all.