Freddie Mac Single-Family Seller/Servicer Guide 6302.43 — Special delivery requirements for CHOICERenovation® Mortgages

Freddie Mac Single-Family Seller/Servicer Guide 6302.43 — Special delivery requirements for CHOICERenovation® Mortgages

Effective 2026-02-04 · Freddie Mac's stamp for this section

■ General requirements ■ Data delivery instructions ■ Data delivery instructions to receive the credit for Credit Fees for GreenCHOICE Mortgages® (a) General requirements See Chapter 4607 for special eligibility requirements for CHOICERenovation® Mortgages. (b) Data delivery instructions See Section 6302.28 for special delivery requirements for Construction to Permanent Mortgages and Renovation Mortgages. For CHOICERenovation Mortgages, the Seller must deliver the following ULDD Data Points: Data Required for CHOICERenovation Mortgages Sort ID ULDD Data Point Valid Value Notes LOAN – Closing and LOAN – Modification → Affordable Details 193.1 Alterations Improvements And Repairs Amount Enter the total renovation costs amount associated with the renovation loan. The amount entered must be greater than “0” (zero). LOAN – Current → Product Details 404 Loan Program Identifier CHOICERenovation Enter “CHOICERenovation” for Mortgages with Settlement Dates after completion of renovations as described in Section 4607.1(a). 404 Loan Program Identifier CHOICERenovation In Progress Enter “CHOICERenovation In Progress” for Mortgages with Settlement Dates before completion of renovations as described in Section 4607.1(b). 404 Loan Program Identifier CHOICEReno EXpress Enter “CHOICEReno EXpress” for Mortgages not located in Duty to Serve High-Needs Area as described in Section 4607.1(c). 404 Loan Program Identifier CHOICEReno EXpress DTS Area Enter “CHOICEReno EXpress DTS Area” for Mortgages located in Duty to Serve High-Needs Area as described in Section 4607.1(c). (c) Data delivery instructions to receive the credit for Credit Fees for GreenCHOICE Mortgages For CHOICERenovation Mortgages eligible for the credit for Credit Fees for GreenCHOICE Mortgages pursuant to Section 4607.16(b), in addition to meeting the special delivery requirements above, the Seller must deliver the ULDD Data Point(s) specified in Section 6302.23. Note: When entering the total renovation costs amount for ULDD Data Point Alterations Improvements And Repairs Amount (Sort ID 193.1) pursuant to Section 6302.43(b) above, the value entered for ULDD Data Point Energy Improvement Amount (Sort ID 244.1) would also be included in the total renovation costs amount.

Source: Freddie Mac Single-Family Seller/Servicer Guide 6302.43 — Special delivery requirements for CHOICERenovation® Mortgages · source URL · snapshot e399c3dcaab28da0

Freddie Mac Single-Family Seller/Servicer Guide 6302.43 — Special delivery requirements for CHOICERenovation® Mortgages — PENDING VERSION, takes effect 2027-01-25

Not yet in force. This is the pending version of the section, which takes effect 2027-01-25. The other version on this page governs until then.

Effective 2027-01-25 · Freddie Mac's stamp for this section

■ General requirements ■ Data delivery instructions (a) General requirements See Chapter 4607 for special eligibility requirements for CHOICERenovation® Mortgages. (b) Data delivery instructions See Section 6302.28 for special delivery requirements for Construction to Permanent Mortgages and Renovation Mortgages. For CHOICERenovation Mortgages, the Seller must deliver the following ULDD Data Points: Data Required for CHOICERenovation Mortgages Sort ID ULDD Data Point Valid Value Notes PROPERTY → Affordable Details 90.2 Renewable Energy Component Type Geothermal OtherEnergyCompo nent Solar WindTurbine Enter one of the following values, if applicable: Enter “Geothermal” for heat energy derived from the earth. Enter “OtherEnergyComponent” for other source. Enter “Solar” for energy derived from the sun. Enter “WindTurbine” if electrical energy is obtained using wind. LOAN – Closing and LOAN – Modification → Affordable Details 193.1 Alterations Improvements And Repairs Amount Enter the total renovation costs amount associated with the renovation loan. The amount entered must be greater than “0” (zero). 244.1 Energy Improvement Amount Enter the cost of the eligible renovation, as described in Section 4607.6(a), or the amount to pay off short-term financing, as described in Section 4607.6(d), if applicable. LOAN – Current → Product Details 404 Loan Program Identifier CHOICERenovation Enter “CHOICERenovation” for Mortgages with Settlement Dates after completion of renovations as described in Section 4607.1(a). 404 Loan Program Identifier CHOICERenovation In Progress Enter “CHOICERenovation In Progress” for Mortgages with Settlement Dates before completion of renovations as described in Section 4607.1(b).

Source: Freddie Mac Single-Family Seller/Servicer Guide 6302.43 — Special delivery requirements for CHOICERenovation® Mortgages · source URL · snapshot e399c3dcaab28da0