Improve your best execution decisions with cash payups.

Freddie Mac offers a payup to standard cash pricing for fixed-rate mortgages with certain loan characteristics, such as original Note amounts less than or equal to $275,000.

In Loan Selling Advisor, Sellers will be able to request a contract level price with or without the cash-specified payup indicators and receive a price that includes the value of the cash-specified pay up. Cash prices for cash-specified payups vary across different amortization periods and note ranges. Cash prices can be downloaded in .csv format for graphical user interface (GUI) website users, or in JSON format via our pricing and committing APIs for system-to-system users.

FeatureDescription
Specified Characteristics
  • Low loan balances (LLBs): $85K, $110K, $125K, $150K, $175K, $200K, $225K, $250K, $275K and $300K
  • State NY
  • Borrower FICO℠ score < 700
  • Investment
  • Green
  • State FL
  • Home Possible
  • Second Home
  • State TX
  • Super Conforming
  • State NY Super Conforming
  • Mission Score 2 and Mission Score 3

Click here a for breakdown of Cash Specified Payups Characteristics by Mandatory and Best Efforts Executions.

Eligible Mortgages
  • 10-, 15-, 20- and 30-year fixed-rate mortgages
Ineligible Mortgages
  • Adjustable rate mortgages (ARMs)
  • Mortgages with loan-to-value (LTV) ratios greater than 105 percent
General Requirements
  • Mortgages must meet the eligibility requirements of your Purchase Documents, including the Guide
  • Mortgages priced with characteristics eligible for payups and super conforming mortgages subject to price adjustments are excluded from the calculation of the monthly threshold of super conforming mortgages that a Seller may sell to Freddie Mac, as referenced in the Guide
  • Super conforming mortgages are only eligible for the following cash-specified payup types: Super Conforming, State NY Super Conforming, Mission Score 2 and Mission Score 3.
  • MISSION SCORES USE RESTRICTION: Loan-level mission scores may be used solely to facilitate securitization of the applicable mortgages into Freddie Mac Single-Family Social MBS.
Eligible Executions
  • Mandatory and Best Efforts

Key Benefits

  • Additional opportunities to improve your best execution for cash
  • Premium prices for loans with specified characteristics
  • Improve your best execution decisions with cash payups