ALERT – Guideline Update for Freddie Mac

Effective immediately for all Freddie Mac loans, Arc Home will align with the change communicated by Freddie Mac in Bulletin 2024-6 for the topic below.

·         Acceptable Sources of Large Deposits: Revised guidelines to limit acceptable sources of large deposits. Refer to Freddie Mac Selling Guide 5501.3 for complete details.

 

 

The above guideline revision applies to Wholesale and Correspondent loan submissions. Please contact your Arc Home Account Executive with any questions.