Loan Product Advisor^® Training

Training resources to help you use Loan Product Advisor

Never Miss an Opportunity with LPA℠: Using Caution Messages to Your Advantage

Learn about the LPA Choice℠ and LPA Caution Factor messages on your LPA feedback certificate – information that can help identify the reason for Caution and provide actionable feedback. Make faster and more informed loan decisions.

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Early Insight with LPA^® check

Learn how you can submit to Loan Product Advisor minimum data to obtain early insight into the potential risk assessment. Loans must have a “Prequalification” status.

Navigating Collateral Alternatives: What You Need to Know

Our Collateral Representation & Warranty Relief can help you reduce time & increase confidence in your collateral evaluation; and if offered an appraisal waiver, your borrowers will save money as well. Learn how Freddie Mac’s collateral valuation alternatives may help simplify your appraisal process.

Tips for Reviewing Caution Mortgages

Not sure how to proceed when a loan receives a Caution risk class? This resource helps you identify the reasons for the caution, the types of caution messages and actionable steps using the LPA Choice℠ messages.

The Power of One Asset Verification Report with Loan Product Advisor^®

Harness the power of using one asset verification report with Loan Product Advisor^® to automate the assessment of the borrower’s assets, income and employment. Learn how to use the automation in LPA to save time, reduce errors, and lower costs.

Early Insight Into Condo Project Eligibility Through Loan Product Advisor

This course will introduce you to the Condo Project Advisor^® Project Assessment Results and the feedback messages returned on the LPA Feedback Certificate, how it works, and next steps in your condo project eligibility review.

Condo Project Not Eligible Status and Freddie Mac Tools

Learn more about the responses that reflect the Not Eligible Status in Condo Project Advisor^® across various Freddie Mac tools and next steps.

How to Use Freddie Mac Tools for Home Possible VLIP Credit

Want to learn more about the new assistance for very low-income purchase (VLIP) borrowers who qualify for Freddie Mac’s Home Possible mortgage? This resource provides the information and steps you need to know when using our Freddie Mac tools.

Loan Product Advisor Functionality Resources

Step-by-step instructions, tips and best practices in using Loan Product Advisor for certain types of transactions.