Freddie Mac Seller/Servicer Guide 4607.10: Contractor requirements and advancing the costs of materials for CHOICERenovation® Mortgages
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4607.10 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Borrower as contractor
- (b) Contractor(s) and/or tradespersons chosen by the Borrower
- (c) Renovations purchased from a home improvement store
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.