source:
  type: guide
  id: fhlmc-4205.4
  authority: Freddie Mac Single-Family Seller/Servicer Guide Section 4205.4 — FHA
    and VA Mortgages
  description: Freddie Mac Single-Family Seller/Servicer Guide Section 4205.4 — FHA
    and VA Mortgages.
  coverage_tier: operative
obligations:
- id: fhlmc-4205.4-full
  canonical_id: fhlmc-4205.4-full
  section: Freddie Mac Single-Family Seller/Servicer Guide Section 4205.4 — FHA and
    VA Mortgages
  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 4205.4 — FHA
      and VA Mortgages
    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: '4205.4: FHA and VA Mortgages (12/03/25) This section contains:
      ■ General requirements for FHA and VA Mortgages ■ Additional requirements for
      FHA and VA Mortgages ■ Mortgage file requirements ■ Special Seller warranties
      ■ Delivery requirements ■ Credit Fees (a) General requirements for FHA and VA
      Mortgages FHA Mortgages and VA Mortgages are eligible for sale to Freddie Mac.
      The Seller must obtain Freddie Mac’s written approval before selling FHA and
      VA Mortgages by contacting its Freddie Mac representative or the Contact Support
      Center at 800-FREDDIE. FHA or VA Mortgages must have the following characteristics:
      ■ Each Mortgage is a fixed-rate, level-payment, fully amortizing, First Lien
      FHA Mortgage or VA Mortgage ■ The following Mortgages may not be delivered:
      Freddie Mac Single-Family Seller/Servicer Guide Chapter 4205 As of 12/03/25
      Page 4205-15 ❑ ARMs ❑ Community Land Trust Mortgages ❑ Graduated-payment Mortgages
      ❑ Home Improvement Loans (HILs) ❑ Mortgages secured by properties subject to
      income-based resale restrictions that terminate upon foreclosure (or expiration
      of any applicable legally required foreclosure redemption period) or recordation
      of a deed-in-lieu of foreclosure, where the property value must be determined
      in accordance with Section 4406.4(c) ❑ Multifamily Mortgages ❑ Second Mortgages
      ❑ Super conforming Mortgages ■ Each Mortgage meets all requirements applicable
      to the program under which it is insured or guaranteed ■ Each Mortgage meets
      the requirements set forth in the Guide, except to the extent that: ❑ The requirements
      of the Guide are inconsistent with the requirements of the program under which
      the Mortgage is insured or guaranteed, or ❑ The requirements of the Guide are
      specifically modified by this chapter ■ Each Mortgage is sold to Freddie Mac
      with recourse, within the meaning of Section 6201.2(b)(i) For FHA Mortgages,
      the Seller must file a Mortgage Record Change (Form HUD-92080) with HUD to report
      the sale of an FHA Mortgage and provide HUD with required information on the
      Seller or selling mortgagee, the Freddie Mac or purchase or holding mortgagee
      and the Servicer. The HUD Mortgagee number for Freddie Mac is 92304-0999-4.
      (b) Additional requirements for FHA and VA Mortgages Notwithstanding any requirements
      applicable to the program under which an FHA or VA Mortgage is insured or guaranteed:
      ■ No Mortgage may have an original maturity in excess of 30 years Freddie Mac
      Single-Family Seller/Servicer Guide Chapter 4205 As of 12/03/25 Page 4205-16
      ■ No FHA Mortgage may have an original principal balance in excess of the maximum
      principal amount as determined under the National Housing Act or in excess of
      the maximum loan amounts for conventional Mortgages in Section 4203.1(c), whichever
      is less ■ The original principal balance of a VA Mortgage may not exceed the
      maximum loan amount for a conventional 1-unit Home Mortgage as described in
      Section 4203.1(c) ■ Each Mortgage must be covered by a paid-up Mortgage title
      insurance policy written by a title insurer and in a form acceptable to the
      Secretary of HUD or the VA Administrator, as applicable. Such policy may not
      be subject to any exceptions other than those previously approved by the Secretary
      of HUD or the VA Administrator. The protection and benefits of such policy in
      the amounts required by HUD and the VA must run to Freddie Mac and to the Secretary
      of HUD or the VA Administrator, as applicable. With respect to any FHA Mortgage
      on a property formerly held by HUD, a title insurance policy is not required
      if the Secretary of HUD is obligated to: ❑ Waive any objection to title by reason
      of any lien or other adverse interest that was senior to the FHA Mortgage on
      the date such FHA Mortgage was filed for record, or ❑ Accept an assignment of
      the FHA Mortgage if the mortgagee is unable to complete foreclosure because
      of a defect in the FHA Mortgage instrument, the FHA Mortgage transaction or
      the title that existed at or before the time the FHA Mortgage was filed for
      record Prior encumbrances on the Mortgaged Premises are not acceptable unless
      such encumbrances were previously approved by the FHA or VA and, as determined
      by Freddie Mac, do not detract from the value of the Mortgaged Premises or affect
      the First Lien priority or the marketability of the Mortgage or the Mortgaged
      Premises. Notwithstanding any requirements applicable to Mortgages generally
      under the Guide, the following classes of requirements do not apply to FHA or
      VA Mortgages offered for sale to Freddie Mac: ■ Credit underwriting ■ Mortgage
      insurance ■ Owner-occupancy ■ Property appraisal All Mortgages must be originated
      on Mortgage instruments approved by the FHA or VA, as applicable. Freddie Mac
      Single-Family Seller/Servicer Guide Chapter 4205 As of 12/03/25 Page 4205-17
      Notwithstanding the modification made in this section with respect to the document
      delivery requirements of the Guide, the Seller must submit such other documents
      as Freddie Mac may request for any FHA or VA Mortgage delivered pursuant to
      the Purchase Documents. (c) Mortgage file requirements In addition to the documentation
      specified in the Guide, the Mortgage file retained by the Seller for FHA and
      VA Mortgages must contain the following documents: ■ The Mortgage application
      of the original Borrower and, if available and applicable, that of the current
      Borrower ■ The credit report on the original Borrower and, if available and
      applicable, on the current Borrower ■ The original FHA or VA commitment and,
      if available and applicable, the FHA Escrow Commitment Certificate and related
      documents ■ For VA Mortgages, the VA Certificate of Reasonable Value ■ The FHA
      Mortgage Insurance Certificate or VA Loan Guaranty Certificate, as applicable
      ■ Any other documents that are required to be retained by federal or State laws,
      statutes or regulations (d) Special Seller warranties For each FHA or VA Mortgage,
      the Seller further represents and warrants that: ■ The FHA insurance or the
      VA guaranty is in full force and effect as of the Delivery Date ■ The Seller
      has complied and will continue to comply with all applicable FHA and/or VA guidelines,
      regulations and requirements, including, but not limited to, those relating
      to loan origination and Servicing (e) Delivery requirements See Section 6302.12
      for delivery and pooling requirements for FHA and VA Mortgages sold to Freddie
      Mac. (f) Credit Fees The Seller must refer to Exhibit 19, Credit Fees, for Credit
      Fees related to FHA and VA Mortgages. Credit Fees are paid in accordance with
      the Credit Fee provisions stated in Chapter 6303. Freddie Mac Single-Family
      Seller/Servicer Guide Chapter 4205 As of 12/03/25 Page 4205-18 4205.5: Mortgage
      previously sold to the Government National Mortgage Association (GNMA) (04/02/25)
      A Mortgage previously sold to the Government National Mortgage Association (GNMA)
      and repurchased from GNMA, or a Mortgage on which a GNMA price differential
      has been paid, is eligible for sale to Freddie Mac, provided it meets all of
      the requirements of the Purchase Documents at the time it is offered for sale
      to Freddie Mac. Freddie Mac Single-Family Seller/Servicer Guide Chapter 4301
      As of 02/04/26 Page 4301-1 Chapter 4301: Refinance Mortgages'
  judgment: false
