source:
  type: guide
  id: fhlmc-3401.4
  authority: Freddie Mac Single-Family Seller/Servicer Guide Section 3401.4 — Sales
    contract
  description: Freddie Mac Single-Family Seller/Servicer Guide Section 3401.4 — Sales
    contract.
  coverage_tier: operative
obligations:
- id: fhlmc-3401.4-full
  canonical_id: fhlmc-3401.4-full
  section: Freddie Mac Single-Family Seller/Servicer Guide Section 3401.4 — Sales
    contract
  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 3401.4 — Sales
      contract
    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: '3401.4: Sales contract (11/19/25) This section contains requirements
      related to: ■ Sales contract ■ Settlement/Closing Disclosure Statement (a) Sales
      contract For purchase Mortgages, a copy of the fully executed sales contract
      and all addenda must be included in the Mortgage file. (b) Settlement/Closing
      Disclosure Statement The Mortgage file must include the final Settlement/Closing
      Disclosure Statement and any related documentation evidencing all costs to the
      homebuyer and property seller, if applicable. 3401.5: Specialty Mortgages and
      other considerations (11/19/25) This section contains requirements related to:
      ■ Mortgages secured by Manufactured Homes ■ Community Land Trust Mortgages ■
      GreenCHOICE Mortgages® (a) Mortgages secured by Manufactured Homes For a Mortgage
      secured by a Manufactured Home, the Mortgage file must include documentation
      evidencing that the Manufactured Home is legally classified as real property,
      Freddie Mac Single-Family Seller/Servicer Guide Chapter 3401 As of 03/04/26
      Page 3401-25 the Manufactured Home is properly titled and the lien on the Manufactured
      Home is properly created, evidenced and perfected. For a Mortgage on a new Manufactured
      Home, the Mortgage file must contain a copy of the manufacturer’s invoice and
      Manufactured Home Purchase Agreement in the Mortgage file. If the Manufactured
      Home is a new installation, the Mortgage file must contain evidence that the
      Manufactured Home was installed in compliance with applicable HUD Codes for
      Manufactured Homes (HUD Codes). (b) Community Land Trust Mortgages For Community
      Land Trust Mortgages, the Mortgage file must include: ■ If applicable, written
      approval signed by the Community Land Trust or its authorized representative
      permitting the Borrower to enter into a refinance transaction ■ An original
      executed or certified copy of the Community Land Trust ground lease and Form
      490, Community Land Trust Ground Lease Rider, containing the recordation information
      (c) GreenCHOICE Mortgages For GreenCHOICE Mortgages, the Mortgage file must
      include: ■ Documentation of the eligible improvements, as described in Section
      4606.1(b), and their costs, such as receipts and/or invoices, as applicable,
      ■ Documentation of the costs used to calculate the total acquisition cost for
      purchase transaction Mortgages as referenced in Section 4606.2(a), ■ For Manually
      Underwritten Mortgages that used one or both of the higher qualifying ratios,
      as referenced in Section 5401.1(e)(ii)(B), documentation that the property has
      a level of energy efficiency greater than that of a “standard” (i.e., non-energy
      efficient) property, ■ For Mortgages used to finance eligible improvements completed
      after the Note Date, the written escrow agreement as referenced in Section 4606.3(a)(3),
      ■ If applicable, an energy report or alternative documentation in lieu of an
      energy report, ■ If applicable, a completion report provided by the appraiser,
      and ■ If proceeds were used to pay an Existing Debt (as defined in Section 4606.1(c)),
      documentation meeting the requirements in Section 4606.3(b), as applicable Freddie
      Mac Single-Family Seller/Servicer Guide Chapter 3402 As of 05/06/26 Page 3402-1
      Chapter 3402: Seller’s In-House Quality Control Program'
  judgment: false
