Ordinance and Law Missing Coverage

  • 26 October 2023
  • 2 replies


We are seeing a lot of waiver requests for borrowers that are unable to get ordinance and law coverage at all. Have you experienced this before, and what have you done and prepared to submit a waiver for this?

2 replies

Userlevel 5

From what I understand, no O&L is a non-starter with Freddie.  However, I would prepare a risk based wavier AND agent must market it thoroughly and show the lender (Freddie or Fannie) that there is no availability.  I am happy to discuss any situation that you have regarding O&L.  

Userlevel 3

Hey Zarek! You can also check out our template to guide you on how to approach submitting a waiver for O&L coverage.