ACE Eligibility Table

To be eligible for ACE, the loan must be submitted to Loan Product Advisor and delivered to Loan Selling Advisor. The below table provides a summary of eligibility. For a complete list of requirements, please refer to the Single-Family Seller/Servicer Guide.

Eligible Loans	Ineligible Loans
Loan Product Advisor Accept risk class 1-unit primary residence or second home Condominium units* No cash-out refi transactions with LTV/TLTV less than or equal to 90% Cash-out refi transactions with LTV/TLTV less than or equal to 70% for primary residences and 60% for second homes. Purchase transactions with LTV/TLTV less than or equal to 80%	An appraisal has been obtained and submitted to the UCDP® Loan Product Advisor Caution risk class Investment properties 2- to 4-unit properties Manufactured home or leasehold estate Properties with resale restrictions, excluding those subject to age-based resale restrictions Construction Conversion and Renovation Mortgages Non-arm's length transactions Purchase of REO properties (as identified in the sales contract) Texas Equity Section 50(a)(6) mortgages Mortgages with an estimate of value or purchase price greater than $1 million Freddie Mac Relief Refinance Mortgages℠ – Same Servicer or Open Access

Eligible Loans

Ineligible Loans

Loan Product Advisor Accept risk class
1-unit primary residence or second home
Condominium units*
No cash-out refi transactions with LTV/TLTV less than or equal to 90%
Cash-out refi transactions with LTV/TLTV less than or equal to 70% for primary residences and 60% for second homes.
Purchase transactions with LTV/TLTV less than or equal to 80%

An appraisal has been obtained and submitted to the UCDP®
Loan Product Advisor Caution risk class
Investment properties
2- to 4-unit properties
Manufactured home or leasehold estate
Properties with resale restrictions, excluding those subject to age-based resale restrictions
Construction Conversion and Renovation Mortgages
Non-arm's length transactions
Purchase of REO properties (as identified in the sales contract)
Texas Equity Section 50(a)(6) mortgages
Mortgages with an estimate of value or purchase price greater than $1 million
Freddie Mac Relief Refinance Mortgages℠ – Same Servicer or Open Access

*Condominium unit loans that are eligible for ACE must still comply with Freddie Mac’s condominium project review and eligibility requirements.

ACE Eligibility Table

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