source:
  type: guide
  id: fhlmc-5103.4
  authority: Freddie Mac Single-Family Seller/Servicer Guide Section 5103.4 — Homeownership
    education
  description: Freddie Mac Single-Family Seller/Servicer Guide Section 5103.4 — Homeownership
    education.
  coverage_tier: operative
obligations:
- id: fhlmc-5103.4-full
  canonical_id: fhlmc-5103.4-full
  section: Freddie Mac Single-Family Seller/Servicer Guide Section 5103.4 — Homeownership
    education
  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 5103.4 — Homeownership
      education
    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: '5103.4: Homeownership education (02/04/26) This section contains
      information related to: ■ Mortgages that require homeownership education ■ Acceptable
      homeownership education providers and programs ■ Ineligible homeownership education
      providers ■ Documentation requirements for completion of homeownership education
      ■ Delivery requirements (a) Mortgages that require homeownership education In
      each of the following instances, at least one Borrower must participate in a
      homeownership education program before the Note Date, or the Effective Date
      of Permanent Financing for Construction to Permanent Mortgages and Renovation
      Mortgages: ■ Home Possible® purchase transaction Mortgages when all occupying
      Borrowers are First- Time Homebuyers ■ HeritageOne® purchase transaction Mortgages
      when all occupying Borrowers are First- Time Homebuyers ■ HomeOne® purchase
      transaction Mortgages when all Borrowers are First-Time Homebuyers; or ■ Any
      transaction when the credit reputation for all Borrowers is established using
      only Noncredit Payment References (b) Acceptable homeownership education providers
      and programs Programs provided by any of the following are acceptable: ■ Freddie
      Mac’s free homeownership education curriculum, CreditSmart® Homebuyer U ■ Mortgage
      insurance companies ■ HUD-approved counseling agencies ■ Housing finance agencies
      ■ Community development financial institutions (CDFI) Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 5103 As of 02/04/26 Page 5103-4 ■ Programs that
      meet the standards of the National Industry Standards for Homeownership Education
      and Counseling (www.homeownershipstandards.org) (c) Ineligible homeownership
      education providers Homeownership education must not be provided by an interested
      party to the transaction, the originating lender or the Seller. Exception: For
      HeritageOne Mortgages, homeownership education may be provided by a Native CDFI,
      even if the Native CDFI is the originating lender and/or the Seller (see Section
      4504.5). (d) Documentation requirements for completion of homeownership education
      To document completion of a homeownership education program, if required under
      Section 5103.4(a), one of the following must be retained in the Mortgage file:
      ■ A copy of Exhibit 20, Homeownership Education Certification ■ Another document
      (e.g., CreditSmart Homebuyer U certificate of completion) containing comparable
      information Additionally, as part of the Mortgage application process, Form
      1103, Supplemental Consumer Information Form, must be presented to at least
      one Borrower on the loan application. The “Homeownership Education and Housing
      Counseling” section of the form should be completed for any transaction where
      homeownership education is required. (e) Delivery requirements Refer to the
      following delivery requirements when homeownership education is required: Delivery
      requirements when homeownership education is required Mortgage products/characteristics
      Guide location Home Possible Mortgages when all occupying Borrowers are First-Time
      Homebuyers Section 6302.14 HeritageOne Mortgages when all occupying Borrowers
      are First- Time Homebuyers Section 6302.50 HomeOne Mortgages when all Borrowers
      are First-Time Homebuyers Section 6302.41 Freddie Mac Single-Family Seller/Servicer
      Guide Chapter 5103 As of 02/04/26 Page 5103-5 Delivery requirements when homeownership
      education is required Mortgage products/characteristics Guide location Any transaction
      when the credit reputation for all Borrowers is established using only Noncredit
      Payment References Section 6302.9(b)(ii)'
  judgment: false
