Fannie Mae Selling Guide B3-3.4-19: Schedule K-1 Income <25% Ownership
The following table provides income requirements for borrowers who have less than 25% ownership of a partnership, S corporation, or limited liability company (LLC).
Fannie Mae publishes the full text of this section: Fannie Mae Single Family Selling Guide on the Fannie Mae website. Zeitro Strata answers questions about it with the passage and page cited.
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.