Affordable Single-Family Rental Pilot

Notice: Our conservator, the Federal Housing Finance Agency (FHFA), has announced that Freddie Mac and Fannie Mae will not extend their affordable single-family rental financing pilots beyond the allocated volume cap amounts. We will continue to work closely with our lenders as we conclude our pilot program. Please contact your relationship manager if you have any questions. Thank you for your business and commitment to this market and our initiatives.

As a national Single Family Rental (SFR) lender, you originate a specialized product designed to meet the financing needs of your affordable SFR Borrowers. Find tools to help you here.

General Resources

• SFR Affordability Test Tool
• SFR Soft Quote Request
• SFR Term Sheet

Guide Supplement

• SFR Program Requirements
  • Chapter 6SFR: Legal Services (07/06/2018)
  • Chapter 18SFR: Originating SFR Loans (07/06/2018)
  • Chapter 27SFR: Commitment (07/06/2018)
  • Chapter 29SFR: Title Requirements (07/06/2018)
  • Chapter 32SFR: Final Delivery Requirements (07/06/2018)

Legal Resources

• Guidance – Borrower, Pledgor and Guarantor Requirements (5/17/2018)
• Seller/Servicer Representations and Warranties (6/29/2018)

Loan Documents and Opinions

• Assignment of Management Agreement and Subordination of Management Fees (11/13/2017)
• Financing Statement (Borrower) Exhibit B (12/27/2017)
• Financing Statement (Pledgor) Exhibit A (3/20/2018)
• Fixed-Rate Note (10/31/2017)
• Floating-Rate Note (10/15/2018)
• Guaranty (10/12/2017)
• Guaranty Rider – Minimum Net Worth/Liquidity (10/12/2017)
• Loan Agreement (6/29/2018)
• Omnibus Assignment (1/22/2018)
• Opinion – Borrower and Pledgor (6/29/2018)
• Opinion – Guarantor (6/29/2018)
• Pledge Agreement (6/29/2018)
• Seller Certification of Outstanding Items (6-13-2018)
• Single-Counsel Certification (1/5/2018)
• Substitution Rider (3/20/2018)
• Uniform Covenants (11/13/2017)
  • State-Specific Security Instruments

Underwriting Resources

• SFR DMS Manifest Template (6/28/2018)
• SFR Underwriting Checklist (6/28/2018)
• SFR Property Management Questionnaire (5/8/2018)
• SFR Loan Submission Template (LST) (7/31/2018)
• SFR Narrative Boiler Plate
• USGS PGA Training
• HOA Questionnaire

Purchase Resources

• SFR Delivery Table of Contents

Additional Resources

• Annual Inspection Form (8-12-15)
• SFR Acknowledgment and Approval of Transfer of Servicing [Concurrent Transfer of Servicing] (9-11-18)
• SFR Servicing Agreement (9-28-18)
• SFR Vendor and Single Counsel Contact List

*For files that are password protected please contact your Freddie Mac Multifamily representative for the password.

Contacts

For additional information please contact:

View the entire list of SFR contacts for more information.