Freddie Mac Seller/Servicer Guide 4406.1: Eligibility and underwriting requirements for Mortgages secured by properties subject to resale restrictions
Mortgages secured by properties subject to resale restrictions, including income-based resale restrictions and age-based resale restrictions (such as senior housing or units restricted to one or more occupants aged 55 and over), are eligible for sale to Freddie Mac provided they meet the requirements of this chapter and the Seller’s …
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4406.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Eligible Mortgages
- (b) Ineligible Mortgages
- (c) Underwriting
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.