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# Overview

Select FHLMC Loan Product Advisor Interface to access the Loan Product Advisor video.

What is the Freddie Mac Loan Product Advisor Interface?

The Wolters Kluwer Freddie Mac Loan Product Advisor interface enables delivery of automated underwriting services between ComplianceOne and Loan Product Advisor so that a lender can originate loans through ComplianceOne with terms and conditions that adhere to Freddie Mac’s conditions to purchase the loans upon consummation.

The interface provides the following functions:

- Users can send required loan information from ComplianceOne to Loan Product Advisor to initiate the automated underwriting services.
- A user can review automated underwriting results from Loan Product Advisor in ComplianceOne in the form of one-to-many HTML reports.
- ComplianceOne data (TXN) is transformed to the Loan Product Advisor required data format (MISMO v2.4).

What is a typical ComplianceOne user workflow when using the Freddie Mac Loan Product Advisor System?

The following diagram summarizes the user workflow between ComplianceOne, the Wolters Kluwer Freddie Mac Loan Product Advisor Interface and the Freddie Mac Loan Product Advisor Service.

The Freddie Mac Loan Product Advisor system receives a required set of data for a specific transaction from ComplianceOne to perform underwriting services for the request. The user begins a new transaction in ComplianceOne, enters minimum party data, and requests credit reporting services from an available ComplianceOne partner. The user enters additional party data such as HMDA demographic information, product, collateral, and loan terms that is sent in the automated underwriting service request and populated on the Uniform Residential Loan Application (URLA) document also known as the Fannie Mae 1003/Freddie Mac 64 and request underwriting services.

The Wolters Kluwer Loan Product Advisor interface (acting as the intermediary), receives the automated underwriting request with the existing data from ComplianceOne. Additional data including information about service providers used for asset and income verifications can be entered before submitting the request. After the request and data are submitted, the interface passes the service request and data to the Freddie Mac Loan Product Advisor (Automated Underwriting System). The Loan Product Advisor system saves and validates the loan data, performs requested services, and returns HTML feedback results to the interface in an HTML report format for subsequent viewing by the user.

After viewing the Loan Product Advisor AUS findings, the Loan Product Advisor interface returns data and the user to ComplianceOne.