---
title: "What Is Freddie Mac Property Condition Report? | Calibre Glossary"
description: "A Freddie Mac property condition report is the engineering-style assessment of a multifamily property that a Seller/Servicer submits to support repair and."
url: https://calibre.multisites.ai/glossary/freddie-mac-property-condition-report
publisher: Calibre Commercial Inspections
phone: "+1-208-305-6245"
email: Schedule@CalibreCBI.com
---

Financing and lending

# Freddie Mac Property Condition Report

A Freddie Mac property condition report is the engineering-style assessment of a multifamily property that a Seller/Servicer submits to support repair and reserve requirements under the Freddie Mac Multifamily Guide.

## Why it matters

Freddie Mac uses the report to set repair items and review replacement reserves over the loan term. The guide has timing rules, such as using a recent report for reserve changes. Lenders and borrowers should confirm the current guide before ordering.

Source: [mf.freddiemac.com](https://mf.freddiemac.com/docs/chapters/mf_guide_ch_39.pdf)

[Related Calibre serviceThird-Party Loan Servicing](https://calibre.multisites.ai/cre-services/third-party-loan-servicing)

## Ready for your next inspection?

Tell us about the property and your timeline. We will scope the right report and send a proposal.

[Request a proposal](https://calibre.multisites.ai/request-proposal) [(208) 305-6245](tel:+12083056245)