Frequently Asked Questions
About Freddie Mac
- What does Freddie Mac do?
- How is Freddie Mac working to build a better housing finance system?
- Does Freddie Mac make loans to consumers?
- What is the secondary mortgage market?
- Where can I find information about Freddie Mac's businesses?
- Where can I learn more about Freddie Mac's foreclosed properties?
- Who regulates Freddie Mac?
Help for Homebuyers, Homeowners & Renters
- Does Freddie Mac own my loan?
- Why did I receive a letter stating that Freddie Mac purchased my home?
- I'd like to learn more about Private Mortgage Insurance (PMI), where should I start?
- How do I get a mortgage?
- Where can I learn about the Home Affordable Refinance Program (HARP®)?
- Who do I contact for mortgage help?
- How do I buy a HomeSteps® home?
- I'm wondering whether it makes more sense for me to continue to rent or to own a home. Is there a tool that can help me figure that out?
Doing Business with Freddie Mac
Single-Family Business
- How do I become a Freddie Mac Single-Family Seller/Servicer?
- How do I get the latest emails on Single-Family news, updates, alerts and new training/education opportunities?
- How do I access the online version of Freddie Mac's Single-Family Seller/Servicer Guide?
- Am I able to qualify a borrower when they have only been self-employed for one year?
- May I allow the borrower to pay off or pay down debt to qualify for the mortgage? If so, do these accounts need to be closed?
- May I accept future income when the borrower is a professional (for example, teacher, doctor or attorney)?
- Is there a minimum square footage requirement on manufactured homes?
- The borrower has a history of receiving bonus, but when the employer completes the Verification of Employment, it does not state whether the bonus is likely to be awarded in the future. May I use this income if I can document a history of receipt?
- Does a co-borrower who doesn't live in the home have to be a relative of the borrower?
Multifamily Business
- How do I become a Freddie Mac Multifamily Lender?
- How do I get the latest emails on Multifamily news, updates, alerts and new training/education opportunities?
- How do I access the online version of the Multifamily Lender Guide?
- What is Multifamily's "prior-approval model" for underwriting and why is it important?
- What is Multifamily's approach to loan servicing?
- How does Multifamily define workforce housing?
- What's the difference between capped and uncapped multifamily purchase volume?