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Download Term Sheet
FREDDIE MAC OPTIGO®
Small Balance Loan Portfolios
Flexible, Streamlined and Cost Effective.
BENEFITS
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QUALIFICATIONS*
- 10 or more SBL loans; and/or;
- Greater than $25 million in aggregate portfolio loan amount.
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BORROWER BENEFITS
- Customized pricing.
- Cost efficiencies.
- Streamlined process.
- Individual loans provide flexibility.
- Dedicated Freddie Mac team from quote to closing.
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REQUIREMENTS
- Lender collects a 0.50% Good Faith Deposit on behalf of Freddie Mac (earned upon application execution). The Good Faith Deposit is refundable to borrower at lender’s closing.
- Lender fees and premiums must be disclosed upfront to Freddie Mac and are subject to Freddie Mac’s review and approval.
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NEXT STEPS
- Fill out the following forms:
• Portfolio Narrative Form
• Portfolio Roll-Up Form - Submit forms to applicable Regional Mailbox.
- Fill out the following forms:
*For portfolios that do not fall within these parameters, please contact an SBL Production Regional Manager.
In its prequalifying review, Lument will attempt to estimate both the loan amount and the fees and costs associated with the transaction. Actual loan amounts and actual fees and expenses may vary from the prequalifying estimates. A prequalifying estimate is not a commitment to make a loan.