Summary
This guide outlines the process for becoming a Freddie Mac Multifamily Optigo lender, detailing the necessary steps and requirements involved. It begins with the prescreen process, which includes assessing eligibility, submitting a Notification of Interest, and completing the Optigo Prescreen Form along with a non-refundable fee. The guide specifies that Freddie Mac will notify applicants of their assessment outcome within a defined timeframe. Following the prescreen, the application process is described, which includes submitting required documentation, undergoing an on-site visit, and receiving an approval letter if successful. The guide also lists example items that may be requested during the application, such as business plans, financial statements, and evidence of compliance with Freddie Mac's standards. Additionally, it highlights standard and additional approval conditions that may be imposed on applicants. The document serves as a comprehensive resource for prospective lenders to navigate the application process effectively.
