Announcement SEL-2025-10: Selling Guide Updates

In December, we updated the Selling Guide to introduce HomeStyle® Refresh, a rebranded version of HomeStyle® Energy with expanded financing options and streamlined requirements; expand HomeStyle® Renovation eligible upfront disbursements, remove $50,000 renovation caps for manufactured homes, and clarify using limited cash-out refinance transactions to buy out a co-owner’s interest; eliminate the 3% acceptability requirement for 7- and 10-year ARMs; expand property eligibility criteria for accessory dwelling units and manufactured homes; and eliminate inconsistencies and add additional resources and clarity to prevent fraudulent transactions.