Freddie Mac – Installment Agreements: How does Freddie Mac handle IRS installment agreements? [NEW Mortgage Talking Point-How Lenders View IRS Installment Agreements]

Answer: Freddie Mac does not address this directly, so you have to use their guidance on “other installment debt” as shown in their selling guide. See highlighted text below. You are basically taking similar steps as Fannie Mae by getting the IRS agreement, confirming the payment ($) amount, and confirming that the payments are being made, as well [...]