New Affordability Test Available
We posted a new Affordability Test, version 5.6, which helps our Optigo® lenders determine the percentage of a property's units that meet the Federal Housing Finance Agency’s (FHFA) mission-driven requirements.
With this version of the tool, we’ve updated rules to align with Appendix A of the FHFA Scorecard. This includes updating the affordability requirements for the preservation (workforce housing) product and updating market type classifications.
For more information, visit our Affordability Test and Other Resources webpage. If you have any questions, please contact your Freddie Mac representative.