Freddie Mac Seller/Servicer Guide 4605.1: HomeOne® Mortgages
HomeOne® Mortgages are Mortgages with loan-to-value (LTV), total LTV (TLTV) and/or Home Equity Line of Credit (HELOC) TLTV (HTLTV) ratios above 95% originated in accordance with the requirements of the Guide and this chapter.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4605.1 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) Mortgage purpose
- (d) Property eligibility
- (e) Occupancy requirement
- (f) Underwriting requirements
- (g) Maximum LTV/TLTV/HTLTV ratios
- (h) Borrower eligibility
- (i) Homeownership education
- (j) Delivery requirements
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.