Delivery Fees For Freddie Macs Custom And Reduced Mortgage Insurance

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Mortgage Insurance Coverage Options Matrix - Freddie Mac

    http://www.freddiemac.com/learn/pdfs/uw/mi_coverage.pdf
    1 If choosing Custom MI, in addition to all other applicable credit fees in price, the credit fee in price in Exhibit 19 applies, including Home Possible Mortgages. 2 Manufactured homes and ARM’s are limited to a maximum 95% LTV.File Size: 71KB

Mortgage Insurance Financing Matrix - Freddie Mac

    https://sf.freddiemac.com/content/_assets/resources/pdf/fact-sheet/financedmi.pdf
    The MI premium is paid by the lender. Payment options include single, annual or monthly premiums. You must obtain Freddie Mac's approval to deliver Mortgages with annual or monthly premium lender -paid mortgage insurance to Freddie Mac. Request this approval by calling your account manager or 1-800 -FREDDIE.

Freddie Mac Home Possible Mortgage

    https://sf.freddiemac.com/content/_assets/resources/pdf/fact-sheet/home_possible_factsheet.pdf
    Standard 25% 25% 25% 25% Custom 12% 12% 16% 18%. *Seller must obtain Freddie Mac’s approval to sell mortgages with annual or monthly premium lender-paid mortgage insurance to Freddie Mac. If custom MI is chosen, the custom MI fee applies regardless of any cap on credit fees in price.File Size: 1MB

Home Possible and Custom Mortgage Insurance ... - Freddie …

    http://www.freddiemac.com/singlefamily/pdf/LPA_July_2016_HP_Custom_MI_feedback_messages.pdf
    1, 2016, it is subject to delivery fee. This loan is eligible for 16% Custom MI coverage. It is subject to delivery fee. Feedback Certificate same as above LPR 4I This loan is eligible for 18% Custom MI coverage if sold to Freddie Mac on or after July 1, 2016, it is subject to delivery fee. This loan is eligible for 18% Custom MI coverage. It is subject to delivery fee. Feedback Certificate same as aboveFile Size: 132KB

Freddie Mac Home Possible Mortgages

    https://new-content.mortgageinsurance.genworth.com/documents/training/course/HomePossible.FactSheet.1018.pdf
    • Maximum credit fee in price of 1.5 percent, with no credit fee in price on many loans. Key Features • Stable monthly payments with fixed-rate mortgages. • Flexible sources of funds, including sweat equity for the entire down payment. • Reduced mortgage insurance coverage levels …File Size: 188KB

Freddie Mac HFA Advantage Mortgages

    http://www.freddiemac.com/singlefamily/pdf/hfa_factsheet.pdf
    HFAs may deliver minimum MI coverage; these mortgages are not considered Custom Mortgage Insurance and not subject to credit fees in price. Lender-paid and financed mortgage insurance premiums described in Guide Section 4701.2 are permitted. A negotiated credit enhancement is available in lieu of MI with Freddie Mac approval.File Size: 670KB

HFA Advantage® - Freddie Mac

    https://sf.freddiemac.com/working-with-us/origination-underwriting/mortgage-products/hfa-advantage
    The Freddie Mac HFA Advantage® Program offers Housing Finance Agencies (HFAs) a comprehensive program that enables you to diversify your portfolio while expanding homeownership responsibly. Whether you're a Freddie Mac Seller/Servicer or selling through a Master Servicer, our HFA Advantage Program offers you outstanding flexibility for maximum ...

Exhibit 19 Credit Fees in Price - Freddie Mac's Loan ...

    http://www.loanprospector.com/about/pdf/exhibit19_lp.pdf
    23 All applicable Credit Fees in Price are subject to the Home Possible Mortgage Cap with the exception of the Custom Mortgage Insurance Credit Fee in Price and/or the GreenCHOICE Mortgages credit for Credit Fee in Price, which will be added to the Cap.File Size: 289KB

HomeOne℠ - Freddie Mac

    https://sf.freddiemac.com/working-with-us/origination-underwriting/mortgage-products/home-one
    Available to qualified first-time homebuyers for a low down payment of just 3%, the Freddie Mac HomeOne℠ mortgage is a low down payment option that serves the needs of many first-time homebuyers, along with no cash-out refinance borrowers.

Freddie Mac HomeOne

    https://sf.freddiemac.com/content/_assets/resources/pdf/fact-sheets/homeone.pdf
    MORTGAGE INSURANCE (MI) REQUIREMENTS • The standard required, or custom MI coverage levels for HomeOne are 35% and 18%, respectively. • Sellers must obtain Freddie Mac’s approval to sell mortgages with annual or monthly premium lender-paid mortgage insurance to Freddie Mac.

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