Freddie Mac Seller/Servicer Guide 4607.5: Underwriting CHOICERenovation® Mortgages
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4607.5 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Residential loan application
- (b) Uniform Underwriting and Transmittal Summary
- (c) Accept Mortgages
- (d) Temporary rental payments for Mortgages with Settlement Dates before completion of renovations
- (e) Rental income from the subject property
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.