source:
  type: guide
  id: fhlmc-4201.7
  authority: Freddie Mac Single-Family Seller/Servicer Guide Section 4201.7 — Assumption
    of Mortgage
  description: Freddie Mac Single-Family Seller/Servicer Guide Section 4201.7 — Assumption
    of Mortgage.
  coverage_tier: operative
obligations:
- id: fhlmc-4201.7-full
  canonical_id: fhlmc-4201.7-full
  section: Freddie Mac Single-Family Seller/Servicer Guide Section 4201.7 — Assumption
    of Mortgage
  type: do
  tags:
  - regulator-direct
  - fhlmc
  - freddie-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Freddie Mac Single-Family Seller/Servicer Guide Section 4201.7 — Assumption
      of Mortgage
    source_class: fhlmc-guide
    source_url: https://guide.freddiemac.com/ci-guide
    snapshot_id: 5869ee9e606cd4ae
    fetched_at: '2026-05-23T00:27:40Z'
    content_hash: sha256:9a1b23e5024bb369e7a59d36b3702383c11ace68b5d209fdef791bc8f955c637
    paragraph_quote: '4201.7: Assumption of Mortgage (04/02/25) A Mortgage not owned
      by Freddie Mac with respect to which the original Borrower has conveyed the
      Mortgaged Premises to a new owner is eligible for purchase by Freddie Mac provided
      that the new owner: ■ Is obligated by a written assumption agreement to repay
      the indebtedness secured by the Mortgaged Premises, and ■ Has been fully underwritten
      and qualified according to the requirements of Topics 5100 through 5500 and
      any other Guide sections applicable to the Mortgage being assumed. For example,
      if the Mortgaged Premises is a Manufactured Home, the provisions of Chapter
      5703 must be satisfied.'
  judgment: false
