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Home » Freddie Makes Condo Loans and Refis Eligible for Appraisal Waiver
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Freddie Makes Condo Loans and Refis Eligible for Appraisal Waiver

July 6, 2018
Freddie Mac will now allow borrowers purchasing or refinancing a condominium to take advantage of its appraisal waiver. With condominium loans growing in popularity among first-time homebuyers, the GSEs are purchasing more of the product. As a result, Freddie announced last week it decided to expand the eligibility requirements. Fannie Mae has been offering its property inspection waiver to condominium borrowers since May.
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