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Freddie Mac HFA Advantage® Program

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 financing.

Program Features

Feature Details
Freddie Mac HFA Advantage Mortgage
  • Enhanced 97% LTV and 105% TLTV Mortgage
  • HFA income limits
  • Homeownership Education – per HFA program or Home Possible® mortgages
  • Use of Loan Product Advisor® recommended for broader product flexibility
  • AUS alternatives in lieu of Loan Product Advisor® considered
  • Market competitive standard HFA Credit Fee in Yield reflecting market conditions and sales executions
  • Loan-level credit fees in price exception for HFAs
  • Cash & Guarantor executions
  • Long-term contracts that may be amended subject to 90 days advance notice
Credit Enhancement Options
  • Minimum mortgage insurance coverage required
  • No MI (12 months recourse)
"White Glove" On-boarding Process
  • Streamlined application process and less required documentation
  • Dedicated Freddie Mac representative to assist you through the application process
  • Reduced application fees
HFA Support and Training
  • HFA-focused webinars
  • Lender training materials and tutorials
  • Available consumer-focused homebuyer education (e.g., CreditSmart®)
  • Loan Advisor Suite® tools:
    • Loan Product Advisor®
    • Loan Selling Advisor®
    • Loan Quality Advisor®
  • Customizable HFA marketing collateral

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