Freddie Mac Solar Panels

Effective for mortgages with settlement dates on and after march 1 2017.

Freddie mac solar panels.

Properties with solar panels freddie mac purchases mortgages secured by properties with solar panels if the mortgages meet the following property eligibility requirements. Solar panels pennymac is aligning with the updated guidance for properties with solar panels in fannie mae s sel 2020 04. I properties with solar panels owned by the borrower if the borrower owns the solar panels on the property. Properties with solar panels.

The new user friendly seller servicer guide will make it significantly easier for you and your team to find understand and share critical information. Homeowner interest in solar panel systems has grown in the past decade and we have begun to receive questions from sellers about the eligibility of mortgages secured by properties with solar panels. Solar panels are an eligible improvement for greenchoice mortgages. Through our greenchoice mortgage offering we are committed to facilitate the financing of energy efficient home improvements and energy efficient homes helping more families attain and.

Lenders must follow the updated guidance found in fannie mae selling guide section b2 3 04 for the specific financing structure used to install the solar panels.