Tag: Sweat Equity

Freddie Mac Selling Guide Updates – Bulletin 2020-45 – Dated December 2, 2020

Written by: Lloyd Rutherford, Staff Writer This update includes many more updates than just the loan limits.  Big changes for Solar Panels, Power of Attorney requirements, Home Possible LTVs, Sweat Equity and Cash-On-Hand.  Read through this excellent overview from our expert regarding what you need to know! UPDATED MC Chart – Solar Panels – All […]

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Freddie Mac – Sweat Equity Can Increase Homeownership – Dated February 7, 2019 – UPDATED MTP™- No Down Payment – Use Sweat Equity – NEW MTP™ and Chart – Sweat Equity Diagram – HomePossible®

Written By: Lloyd Rutherford, Staff Writer Some people are pretty handy when it comes to home improvement, and if they happen to be the one purchasing a home, this program may work quite well for them. Rule Synopsis: Freddie Mac introduced many enhancements for Sweat Equity as an eligible source of funds for down payment […]

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Freddie Mac- Multiple Selling Guide Updates – Bulletin 2018-16 – Dated September 26, 2018-Effective Immediately-Sweat Equity and November 5, 2018-Community Land Trusts and Resale Restrictions

Written By: Lloyd Rutherford, Staff Writer Important updates and new ways to generate more loans from Freddie Mac. This update highlights changes to assist affordable housing by providing lenders with options to assist more borrowers. Read more to find new ways to add loans to your pipeline! Rule Synopsis: Freddie Mac is updating their selling […]

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