Effective for all Freddie Mac loans with an appraisal effective date on or after June 6, 2024, Arc Home will align with the changes communicated by Freddie Mac in Bulletin 2024-1 for the topic below.

·        Appraisals: Revised photo requirements for appraisals with interior and exterior inspections to include additional interior photos of the subject property. More detailed photographs of all living areas, gathering rooms, and basement areas (finished and unfinished) will now be required. Refer to Freddie Mac Selling Guide 5604.2 and Selling Guide 5605.8 for complete details.

The above guideline revision applies to Wholesale and Correspondent loan submissions. Please contact your Arc Home Account Executive with any questions.