Property Fingerprint with Upcoming ACE+ PDR
WHAT IS ACE+ PDR?
- Freddie’s ACE+ PDR program is a new offering that allows lenders to originate cash-out and certain no cash-out refinance loans without an appraisal. With ACE+ PDR, additional property information is physically collected on-site by trained data collectors and/or data collection technology using the proprietary Freddie Mac PDR dataset, in lieu of an appraisal.
FUTURE-PROOF YOUR BUSINESS
- Class Valuation is continually working with GSEs to ensure Property Fingerprint data collection meets the criteria for any new product updates, introductions, or industry changes. (Completing validation process for Freddie Mac’s ACE+ PDR program)
- The hybrid and data + waiver options introduced by the GSEs include very comprehensive, specific requirements on what data is collected and how.
DON’T RISK LOSING LOANS DUE TO INSUFFICIENT DATA COLLECTION PARTNERS
Property Fingerprint is verified by Freddie Mac and meets all criteria for data collection for this program, as well as new and upcoming programs from GSEs.
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- Cost of Property Fingerprint Report to support ACE+ PDR: $250