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Warehouse Financing Arrangements

Effective August 13, 2018, Freddie Mac is automating the warehouse lender release process through Loan Selling AdvisorSM. Warehouse lenders will be able to directly release their interest in loans sold to Freddie Mac.

To become an authorized user of Loan Selling Advisor, warehouse lenders must complete, sign and deliver the following by July 13, 2018:

NOTE: Your password will be emailed to you and the User ID will be emailed to your designated Administrator.

Warehouse Lender Eligibility and Delivery Requirements

Certificate of Incumbency – Warehouse lenders must provide Freddie Mac with a certificate of incumbency that meets the following requirements:

Form 996/996E**, Warehouse Provider Release and Transfer, is required for mortgages subject to warehousing financing.

  • Prior to August 13, 2018, Form 996/996E must be delivered by the Seller to the Warehouse Lender for every purchase contract subject to warehousing financing, whether for cash or securities executions. Read More.
  • On and after August 13, 2018, Form 996E must be created by the Seller and released by the Warehouse Lender in Loan Selling Advisor for every purchase contract subject to warehousing financing, whether for cash or securities executions. Read More.

Form 987E**, Wire Transfer Authorization for Warehouse Delivery – For Cash executions, Sellers must submit this form for each warehouse lender they use or for any change made to the wire transfer instructions. Read More.

For More Information

  • Read Single-Family Seller/Servicer Guide Chapter 6305, Warehouse Financing Arrangements, for detailed requirements.
  • Contact Customer Support, 800-FREDDIE, 8:00 a.m. – 8:00 p.m. ET, Monday through Friday, following the steps outlined below:
    • Select "1" for Freddie Mac business partner
    • Select "3" for Loan Delivery
    • When prompted for a Seller/Servicer number, enter '555555' to indicate that you are a warehouse lender
    • Be ready to provide your institution's federal tax ID number

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