ACE (automated collateral evaluation) is a Freddie Mac appraisal waiver solution and NAN is a verified software partner for the PDR (Property Data Report) solution. ACE+ PDR (automated collateral evaluation plus property data report) is a new capability that allows lenders to originate cash-out and certain no cash-out refinance loans without an appraisal. With ACE+ PDR, additional property information is physically collected on-site by trained data collectors using the Freddie Mac PDR dataset, in lieu of an appraisal.

Estimated Turn Times
ACE+ PDR Exterior & Interior - < 3 days


  • Faster Turn Times < 3 days
  • Reduction to Borrower Cost

Use Cases

  • Determined by eligibility through Freddie Mac


  • The Seller must submit the loan to Loan Product Advisor® (LPASM) and receive a Risk Class of Accept
  • The last LPA Feedback Certificate must indicate that the loan is eligible for a PDR. (This represents the “ACE+ PDR offer”)
  • The final submission of the loan to Loan Selling Advisor® must indicate a representation and warranty relief status is “Y” or “Yes”