Freddie Mac Seller/Servicer Guide 5201.1: Credit assessment with Loan Product Advisor®
This section contains requirements related to:
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 5201.1 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Documenting Borrower’s credit reputation
- (b) Assessing Borrower’s credit reputation
- (c) Accept Mortgages with Borrowers who do not have a usable Credit Score
- (d) Inquiries on a Borrower credit report
- (e) Rent payment history included in the Loan Product Advisor assessment
- (f) Borrower cash flow included in the Loan Product Advisor assessment
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.