Freddie Mac Seller/Servicer Guide 4301.8: Refinance of Mortgages secured by properties subject to an energy retrofit loan
For the purposes of the Guide, a Property Assessed Clean Energy (PACE) or PACE-like obligation (either referred to as a “PACE obligation”) refers to any energy retrofit loan that is:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4301.8 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.