Upcoming Small Balance Loan Lab Event to Expedite Approvals
May 25, 2016
Freddie Mac Multifamily will be hosting a two-day Small Balance Loan (SBL) Lab June 21-22 in Chicago, prior to the MBA’s SBL Summit on June 22-23.
What is the Small Balance Loan Lab?
This event is open to Freddie Mac-approved SBL Seller/Servicers and their customers. Our home office and regional underwriting and production staff from across the country will be available to meet, network, and turn SBL packages into done deals.
During this event, our underwriters will meet one-on-one with SBL Sellers to expedite review of loan packages and issue on-the-spot commitments, accelerating the borrower loan approval process. We will be reviewing loan packages submitted to Freddie Mac Underwriting between June 17-20, including weekend days. Chicago-area deals can be submitted as late as noon on Tuesday, June 21.
Our regional producers also will be available to discuss potential transactions and deal-specific requests or programmatic exceptions.
Who Should Attend
All Freddie Mac-approved SBL Seller/Servicer staff and customers are welcome to come and meet with team members. For loan package review and approval meetings, we ask that at least one underwriter or other Seller representative who has detailed knowledge of the deal is present to facilitate the review process.
How to Register
We strongly recommend registering an appointment for deal-specific meetings with underwriting and production staff as there will be limited availability for walk-in appointments. Visit our registration page to make an appointment. Registration is not required for general meetings or networking with staff.
When and Where
Tuesday, June 21
12:00 p.m. to 5 p.m. CT
Wednesday, June 22
9:00 a.m. to 4 p.m. CT