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Guide Bulletin 2017-20 Announces Credit Underwriting, Appraisal and Condo Requirement Changes

September 14, 2017

Today’s Single-Family Seller/Servicer Guide (Guide) Bulletin 2017-20 announces a variety of selling changes to help us do better business together. We’re announcing:

  • Updates to certain credit underwriting requirements
  • New 5-year ARM option for super conforming mortgages
  • Flexibilities in certain appraisal requirements
  • More flexible owner-occupancy requirements for new condominium projects
  • Updates to condominium insurance requirements and more

For more information:

  • Read today’s Guide Bulletin 2017-20
  • Visit the Condominium Project Review web page
  • Review the updated Loan Product Advisor® feedback messages for 5-year ARMs and appraisal requirements
  • Contact your Freddie Mac representative