Equal Housing Lender
Freddie Mac HomeCoach is an on-line resource tool integrated into a housing counseling agency’s client management system (CMS), that assists
HUD housing counselors as they interact with clients and prepare them for homeownership.
Before a client is finally given a mortgage-ready status, their file is run through the
Freddie Mac HomeCoach on the
HomePrep platform to ensure there aren't any issues that can show up in the final automated underwriting run.
HUD housing counselors have access to this
same feedback certificate that a mortgage loan originator sees when reviewing a
Freddie Mac Loan Product Advisor (LPA) assessment for clients.
And it can be done with a soft pull credit report.
Freddie Mac HomeCoach is a resource tool integrated into a HUD housing counseling agency’s client management system (CMS), that assists housing counselors as they interact with clients and prepare them for homeownership.
A POWERFUL TOOL FOR
HOUSING COUNSELORS
Freddie Mac HomeCoach Benefits
MortgageOrb | By Nina Korman | 9/20/23
IndiSoft, the software development and product company that helped develop HomePrep, has integrated Freddie Mac’s HomeCoach mortgage-readiness assessment tool for HUD-approved housing counselors (HCAs) to use on the HomePrep platform.