ACE+ PDR
ACE+ PDR is a collateral valuation offering that allows lenders to originate eligible loans without an appraisal. Additional property information is physically collected on-site by trained data collectors using the Uniform Property Dataset (UPD), in lieu of an appraisal.
Expanding Access to ACE and ACE+ PDR Appraisals
We’re expanding access to ACE+ PDR appraisal alternatives for purchase transactions from 80% maximum LTV/TLTV ratios to the maximum LTV/TLTV ratios permitted for the associated mortgage offering. Effective for Loan Product Advisor® (LPASM) (re)submissions on or after March 24, 2025.
Why use ACE+ PDR?
Alleviate Appraiser Capacity Concerns
Receive Value Rep and Warranty Relief
Decrease Borrower Costs and Turn-Times
How ACE+ PDR Works
- Step 1: Submit loan to Loan Product Advisor® (LPASM) before ordering an appraisal.
- Step 2: Review the LPA Feedback Certificate to see whether the loan is eligible for ACE+ PDR.
- Step 3: If eligible, order a PDR.
Documentation Requirements
For loans with Application Received Dates on or after April 1, 2024, the Uniform Property Dataset (UPD) will be required and PDRs must be submitted using the Beyond ACE (bACE) API. The Freddie Mac Property Dataset (PDR v2.0) will no longer be accepted. For pipeline loans (Application Received Dates prior to April 1, 2024), both the UPD and PDR v2.0 will be accepted.
Use the Beyond ACE (bACE) API to Improve Efficiency and Data Quality
Use bACE to receive feedback messaging to help you assess PDRs, make any necessary updates or changes and more conveniently submit PDRs to Freddie Mac.
Find a PDR Provider
Search for companies with interfaces verified by Freddie Mac that offer PDRs and/or property data collectors that can perform on-site property data collection resulting in a PDR.