Find out if your borrower's property is eligible: www.freddiemac.com/mymortgage
(1) DTI in excess of 85% in combination with an increase in monthly P&I must be reviewed and approved by the VP of underwriting.
*HVE value from the initial LP Cert must be used with PIW’s on 1-2 unit properties, PUDs, and Condos. 3-4 unit properties and leaseholds require a new, full appraisal. HVE deviation ≤ .20 is required.
Note: All loans must meet FHLMC’s NTB requirement for Open Access loans