In one sentence
Freddie Mac's network of approved multifamily lenders originating loans the agency purchases, spanning conventional, targeted affordable, and small balance products.
The longer version
Optigo is Freddie's counterpart to DUS: an approved-lender network channeling multifamily loans to the agency across a product range. Together the two agencies anchor conventional apartment lending.
Agency execution shapes the diligence and closing process, with agency forms, standards, and timelines that lenders template around.
Common questions
- What is Freddie Mac Optigo?
- Freddie Mac's network of approved multifamily lenders that originate loans Freddie Mac purchases, across conventional, small balance and targeted affordable programs.
- How do Optigo lenders work with Freddie Mac?
- They source and underwrite loans to Freddie Mac's standards, and Freddie Mac reviews, prices and purchases them, often securitizing them through its K-Deal program.
- How is Freddie Mac different from Fannie Mae in multifamily?
- Both finance multifamily through approved lenders. Fannie Mae's DUS lenders share credit risk; Freddie Mac retains more of the underwriting and typically transfers risk through securitization.
Keep reading