Freddie Mac Solar Panels

Solar panels are an eligible improvement for greenchoice mortgages.

Freddie mac solar panels.

Solar panels pennymac is aligning with the updated guidance for properties with solar panels in fannie mae s sel 2020 04. 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. The new user friendly seller servicer guide will make it significantly easier for you and your team to find understand and share critical information. Freddie mac purchases mortgages secured by properties with solar panels.

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. Effective for mortgages with settlement dates on and after march 1 2017. Properties with solar panels freddie mac purchases mortgages secured by properties with solar panels if the mortgages meet the following property eligibility requirements. I properties with solar panels owned by the borrower if the borrower owns the solar panels on the property.

To learn more start with our requirements for properties with solar panels in guide section 5601 2.