Freddie Mac Seller/Servicer Guide 4606.2: Determination of value for the loan-to-value (LTV)/total loan-to-value (TLTV)/Home Equity Line of Credit (HELOC) TLTV (HTLTV) ratio, underwriting requirements and qualifying ratios
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4606.2 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Determining value
- (b) Underwriting
- (c) Qualifying ratios for Manually Underwritten Mortgages
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.