Freddie Mac expands CHOICEReno eXPress for 2027

GreenCHOICE is moving into Freddie Mac's renovation suite

Freddie Mac is retiring GreenCHOICE as a standalone mortgage offering. For applications received on or after January 25, 2027, eligible energy-efficiency renovations may continue through Freddie Mac's renovation offerings, including CHOICERenovation, CHOICEReno eXPress and Renovation Mortgages.

A GreenCHOICE loan with an application received before January 25, 2027 must settle by February 28, 2027 to remain within the retiring offering. This is a transition deadline for lenders; it is not a promise that a borrower or project will qualify.

Sous: Freddie Mac · Bulletin 2026-13: Selling Updates · October 7, 2026Freddie Mac · Bulletin 2026-14: Servicing Updates · October 14, 2026

CHOICEReno eXPress will cover more eligible scenarios

For mortgages submitted or resubmitted to Loan Product Advisor on or after January 25, 2027, Freddie Mac is standardizing the maximum financed renovation-cost limit at 15% across all geographic areas. The update also extends the offering to all property types otherwise eligible under the Guide and to manually underwritten mortgages.

Freddie Mac is also removing the energy-report requirement for certain Accept and manually underwritten mortgages and simplifying eligible uses of the renovation proceeds. Energy- and water-efficiency improvements remain permitted, subject to the Guide's requirements.

Sous: Freddie Mac · Bulletin 2026-13: Selling Updates · October 7, 2026Freddie Mac · CHOICEReno eXPress Mortgage product overview

What a buyer should confirm before relying on the program

CHOICEReno eXPress is designed for smaller-scale renovations, but the Freddie Mac update does not require every lender or investor to offer it. Availability, lender overlays, property eligibility, the renovation budget and the underwriting result must be confirmed for the actual application.

• Confirm whether the lender offers CHOICEReno eXPress and which effective-date rules apply to the file.
• Prepare a specific scope of work and cost estimate; the 15% limit is not an automatic renovation allowance.
• Ask how contractor selection, completion, inspections and the release of renovation funds will be handled before making an offer.

Sous: Freddie Mac · Bulletin 2026-13: Selling Updates · October 7, 2026Freddie Mac · CHOICEReno eXPress Mortgage product overview