Use of a FNMA Biweekly Repayment method

Customers have requested the FNMA Biweekly Repayment method for In-House Fixed/Variable Rate transactions or Freddie Mac Fixed Rate transactions. Until FNMA Biweekly Repayment feature is available, lenders can offer In-House transactions using the Every Other Week repayment method.

Select ComplianceOne mortgage Supported Features of the ComplianceOne Feature Guide for the latest information about these types of transaction. FNMA does not purchase biweekly transactions. The only option for FNMA transactions is monthly.