Loan Product Advisor Functionality Guide - Freddie Mac
Mortgage Type and Loan Terms subsection. Mortgage Type and Loan Terms subsection: Note: If the loan is a Home Possible®, Home Possible Advantage℠(Note: Home Possible Advantage is no longer an eligible mortgage product. Resubmit the loan using Home Possible or another affordable lending mortgage product), Home Possible
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Uniform Residential Appraisal Report File
sf.freddiemac.comUniform Residential Appraisal Report File # Freddie Mac Form 70 March 2005 Page 1 of 6 Fannie Mae Form 1004 March 2005 The purpose of this summary appraisal report is to provide the lender/client with an accurate, and adequately supported, opinion of the market value of the subject property.
Loan Product Advisor Training Resources
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Construction Conversion and Renovaation ... - Freddie Mac
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sf.freddiemac.commultiple Technical Affiliates who are available through SharperLending, consider contacting SharperLending to discuss their Wholesale Lender’s Program, which provides an efficient set up for access to reissues. Merged Credit Report Options The merged credit report options available through Loan Product Advisor include:
Understanding Custodial Accounts Reference Guide - Freddie …
sf.freddiemac.comto Freddie Mac, or held on behalf of Freddie Mac-owned mortgages, are deposited. You must maintain principal and interest payments and escrow funds in separate custodial accounts until you remit them to a third party or us. There are various types of custodial accounts: Principal and interest custodial accounts
Freddie Mac Flex Modification Reference Guide
sf.freddiemac.comBorrowers who, within 12 months of the evaluation date, failed a Flex Modification Trial Period Plan and the terms of the Trial Period Plan were determined in accordance with Guide Section 9206.10(a) Mortgages subject to an approved short sale or deed-in-lieu transaction
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sf.freddiemac.com2 ingle-Family eller/ervicer Guide 22 F 22 General Requirements • 3/6-month, 5/6-month, 7/6-month and 10/6-month SOFR-indexed ARMs. • For all SOFR-indexed ARMs, the margin must be equal to or greater than 100 basis points and less than or equal to 300 basis points. Transaction Type Credit Fees In Price Down Payment or Closing Cost
Home Possible Mortgage - Freddie Mac
sf.freddiemac.comMortgage Products 3 • A borrower’s credit reputation is acceptable if the Home Possible mortgage receives a risk class of Accept. • Borrowers without credit scores may be underwritten for up to 95% LTV. • A Home Possible mortgage that is a super conforming mortgage must receive a risk class of Accept. • A Home Possible mortgage secured by a manufactured …
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