Freddie Mac Multifamily is committed to making the multifamily industry more equitable for all its participants. One way we achieve this is by increasing opportunities for renters that will strengthen their financial health and economic mobility.

In November 2021, we launched a credit-building initiative that has facilitated the reporting of on-time rent payments to the three major credit bureaus. This work has helped hundreds of thousands of renters build their credit file and has established credit scores for tens of thousands of renters who were previously credit invisible.

How It Works

Multifamily borrowers with a loan financed by Freddie Mac with at least 12 months remaining in the loan term can receive a year of credit-reporting services at significantly discounted or no cost from one of Freddie Mac’s participating rent-reporting vendors. Reference our Credit Building Fact Sheet for a one-page overview of this initiative works. This FAQ resource further explains the process for enrolling a property, including how we’ve updated and streamlined the process.

To enroll your property today, contact one of the following vendors through the email addresses below:

Freddie Mac Credit-Building Vendors

These platforms have demonstrated that they can report on-time rent payments to all three credit bureaus at no cost to renters. They can also report up to 24 months of available, on-time rental payments prior to enrollment.

To protect the security of renters’ data, these vendors have set security and privacy standards in place. The platforms are user friendly and efficient for multifamily properties, as they are designed to work with existing property management software systems.

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