The latest Loan Product Advisor® (LPASM) enhancement helps you increase homeownership opportunities for first-time homebuyers by considering on-time rent payments in the LPA credit assessment. In support of this enhancement, we’re adding actionable and informative feedback messages to LPA.
Click to view the rent payment history feedback messages effective for new loan submissions on and after July 10, 2022.
Full details of this LPA enhancement will be provided in a July Single-Family Seller/Servicer Guide (Guide) Bulletin.
Get and stay connected with Freddie Mac Single-Family. Subscribe to our emails and we'll send the information that you want straight to your email inbox.