Freddie Mac continues to update its Single-Family Debt-to-income requirements for calculations. In the latest guideline bulletin, the company also shares updates to appraisals and more. Below you will find a break down of the updated requirements via the Freddie Mac Bulletin.
The changes are effective for mortgages with Freddie Mac settlement dates on and after January 18, 2018, but you may implement the updated requirements immediately.
While some of the appraisal-related changes are not effective until January 18, 2018, you may implement them immediately.
If you would like to view the full bulletin, simply click on the image above.