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, lenders 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.

Specified Characteristics
  • Low loan balances (LLBs): $85K, $110K, $125K, $150K, $175K, $200K, $225K, $250K and $275K
  • State NY
  • Borrower FICO℠ score < 700
  • Investment
  • Green Choice
  • State FL
  • Home Possible
  • Second Home
  • State TX
  • State NY super conforming

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 outlined in 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 not eligible for additional payups based on the following characteristics: State NY, Borrower FICO℠ score < 700, Investment, Green Choice, State FL, Home Possible, Second Home, State TX
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