Loan Product Advisor Messages: Accessory Dwelling Units and Condominium Hotels

Effective November 4, Loan Product Advisor® (LPASM) feedback messages will be added in support of loans secured by properties with accessory dwelling units (ADUs) and to alert clients that a property has been identified as a possible condominium hotel.

Please refer to the Single-Family Seller/Servicer Guide (Guide) Bulletin 2022-11 for more information.

Note: Instructions for identifying ADU income in the Bulletin are in the process of being revised and will be forthcoming. Currently, when providing borrower income type “AccessoryUnitIncome”, it does not provide any information about ADUs on a subject property.

View the LPA feedback messages here.

Loan Quality Advisor Messages: Improvements and Condominium Hotels

Based on client feedback, Loan Quality Advisor® feedback messages will be updated effective October 30 to provide more transparency and clarity. We’ll also be adding a new message effective November 4 to alert you that a property has been identified as a possible condominium hotel.

View the Loan Quality Advisor feedback messages here.

For More Information

For quick access to the latest LPA and Loan Quality Advisor feedback message updates, bookmark the Freddie Mac Loan Advisor® Resources and Learning web page.