Cash Payups for Mortgages with Specified Characteristics
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.
Feature | Description |
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Specified Characteristics |
Click here a for breakdown of Cash Specified Payups Characteristics by Mandatory and Best Efforts Executions. |
Eligible Mortgages |
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Ineligible Mortgages |
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General Requirements |
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Eligible Executions |
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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