Seller-Owned Converted Mortgage
Last updated 2026-08-01
FreddieMac
Updated 2026-08-01
A Convertible ARM that is owned by a Seller/Servicer and that was converted to a fixed interest rate before the sale of the Mortgage to Freddie Mac. See also Converted Mortgage. Convertible ARMs are not eligible for sale to Freddie Mac.
FreddieMac Glossary
FreddieMac · pp. 39–40
Related terms
Report an issue with this page
Still have questions?
Ask about this page or what may happen next. You will continue in Help — this is general information, not legal or counseling advice.