Freddie Mac Extends Appraisal Waivers to Condo Loans

Persons who buy or refinance a condominium using a Freddie Mac mortgage may soon be able to skip having a traditional on-the-ground appraisal.  The company announced on Thursday that condos will soon be eligible for its automated collateral evaluation (ACE) appraisal waiver.  The program, which has been available for single-family purchases and refinances since 2017, gives eligible […]