Freddie Mac Seller/Servicer Guide 4607.6: Eligible renovations for CHOICERenovation® Mortgages
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 4607.6 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Eligible and ineligible uses of Mortgage proceeds
- (b) Compliance with applicable laws and project documents
- (c) Renovations to Manufactured Homes
- (d) Payoff of short-term financing that financed renovations completed prior to the Note Date
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.