Loan Product Advisor®
Automated Collateral Evaluation (ACE)
Our innovative offering that allows lenders to originate certain loans, including condo loans, without a traditional appraisal. Increases efficiency and reduces costs in the origination process for lenders and homebuyers.
Discover Loan Product Advisor®
Reduce costs, improve efficiency and deliver a better borrower experience. Get your edge.
Quickly view and understand key results:
- Assess your loan's overall underwriting risk by evaluating it against Freddie Mac credit requirements.
- Review criteria including purchase eligibility, risk data and rep and warranty relief.
- View solution options including fixed-rate/ARMs, Home Possible® and super conforming mortgages.
- Act quickly on loan feedback with in-line action options.
Intuitive and easy to navigate
Source more correspondent business with an improved overall experience, including enhanced Loan Product Advisor® workflow and ease-of-use through a loan origination system vendor.
Expand home ownership opportunities
Loan Product Advisor® allows you to evaluate borrowers without a credit score, increasing your ability to provide home ownership opportunities.
Loan Product Advisor® is free for all users
The tool is free for lenders, correspondents and third-party originators – through Freddie Mac or any of several loan origination system vendors.