Is it acceptable to perform an eval on a HELOC vs an appraisal if value of loan is under $250,000? Also if using a broker opion and an AVM in conjunction to determine value of RE, is that acceptable if the bank can determine safety and soundness of the bank, consistency, etc? Of course along with the above; policy and procedure outline the guidelines and terms of when to use an eval vs appraisal and what the eval must contain, who can write them, the approval process....etc