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You Asked. We Answered with Loan Product Advisor Updates

September 27, 2018

In response to your feedback, Loan Product Advisor® is being updated on October 29, 2018, to combine Home Possible® and Home Possible Advantage® into one offering. This eliminates the need to maintain two separate offerings and provides enhanced credit flexibilities included in the Freddie Mac Single-Family Seller/Servicer Guide (Guide) Bulletin 2018-13.

We’re also updating Loan Product Advisor® on September 29, 2018, with changes announced in Guide Bulletin 2018-15 that include:

  • Re-activating an authorized user tradeline feedback message. – October 4, 2018
  • Allowing for super conforming mortgages (loans with original loan amounts greater than 1 million dollars) to be assessed when submitted through Loan Product Advisor. – December 19, 2018

Loan Product Advisor feedback messages have been updated to support these changes.

For More Information

  • Read Guide Bulletin 2018-13. (Home Possible Mortgages)
  • Read Guide Bulletin 2018-15. (September 29 Release)
  • Visit our Home Possible Mortgages web page.