As of June 2025, a total of 349 Appraisal Management Companies (AMCs) maintain active state licenses across the United States.
AMCs are critical to residential mortgage operations, providing both appraisal and alternative (non-appraisal) valuations for the primary & secondary mortgage market. In addition to providing services for agency and non-agency mortgage originations and servicing, they support other forms of housing finance and offer asset valuation services for other industries.
How Many Appraisal Management Companies?
Appraisal Management Companies vary in scale, the service areas they cover and the range of products they offer. Analysis shows:
- National AMCs: Only 28 (8%) AMCs are licensed in all 50 states and the District of Columbia. They represent the largest and most scalable vendors.
- Sub-National AMCs: 49 (14%) AMCs cover between 30 and 49 states, offering substantial national reach without full geographic coverage.
- Regional AMCs: 47 (13%) are active in 10 to 29 states – this group includes regional leaders with a strong presence in targeted markets.
- Local AMCs: 224 (64%) AMCs are operating in fewer than 10 states – these firms often specialize in local market expertise and lender relationships. Some 118 (34%) Appraisal Management Companies are only licensed in a single State.
Top Appraisal Management Companies (AMCs) in June 2025
Top Appraisal Management Companies (AMCs) with Active State Licenses, as-of Q2 2025. Includes 349 AMCs with Standardized Names, Acquisitions, Parent Companies, Active States, Number of States Active, Website URL, Primary Address and Phone, and Affiliated Lenders where AMCs are subsidiaries or affiliates of mortgage companies. The deliverable is a multi-tab spreadsheet file.
Top Appraisal Management Company Acquisitions
There has been increasing acquisition activity in the valuation industry in recent years, typically backed by private equity firms or larger publicly traded organizations.
Notable AMCs with acquisitions include Ascribe, Class Valuation, Nationwide Property & Appraisal Services, Opteon Solutions, and PropertyRate.
Affiliated Mortgage Lenders
Some Appraisal Management Companies are subsidiaries or affiliates of mortgage companies, operating independently and often as part of a entity providing settlement services to the lender.
These Includes Fairway Independent, Movement Mortgage, NewRez Mortgage, Peoples Bank, Rocket Mortgage, Supreme Lending, and US Bank
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References
The Appraisal Subcommittee (ASC) oversees the real estate appraisal regulatory framework for federally related transactions. The ASC is a subcommittee of the Federal Financial Institutions Examination Council (FFIEC).
The ASC provides the AMC Registry to search for Appraisal Management Companies based on name, state license and license number. These AMCs meet the Federal definition of an appraisal management company and are eligible to perform appraisal services in connection with Federally Related Transactions.