Freddie Mac Seller/Servicer Guide 4607.4: General eligibility requirements for CHOICERenovation® Mortgages
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4607.4 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Completion Date and Settlement Date requirements
- (b) Mortgage purpose
- (c) Maximum LTV/TLTV/HTLTV ratios
- (d) Determining value
- (e) Secondary financing
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.