Run LPA against a Loan File

Prerequisites

1. C2’s Freddie Mac LPA System-to-System credentials. Point Central Users will find that the LPA information is pre-populated inside of Point. However the password changes every 120 days and will need to be updated. Instructions to do so are available here.
2. Liabilities on Page 3 of the 1003 must be “matched” to REO.

Prepare

1. On Page 1 of the 1003 Loan Application, enter the Lender’s Last Name in the Lender Case No. Field.

2. Click Services–> Freddie Mac –> Addendum.
3. Set the Building Status for the Property –> Existing.

4. Save the Loan File.

Submit to LPA

This example uses Equifax Mortgage Solutions & Advantage Credit Inc. If you run loans through a different Credit Affiliate, please select those settings.

1. Click Services–> Freddie Mac –> LPA.
2. Leave the first Drop down set to Credit & Underwriting.
3. Select the Credit Company.
4. Select the Technical Affiliate.
5. DO NOT check the sub-boxes for reorder as shown in the example below.
6. DO NOT enter anything for LPA Key, Loan ID or Check Status ID as those will be populated by Freddie Mac.
7. Click Submit

8. When LPA completes it will fill in the Loan ID and Status ID and a Completed window will appear.

8. Click OK.
9. Save the Loan File.
10. Next confirm the loan has been uploaded to Freddie.
    1. Logon to Freddie Mac website to validate the loan has been uploaded – https://las.freddiemac.com/lsp_prod/las-sec/pages/welcome
    2. or contact Freddie Mac at 800-373-3343