Fannie Mae Selling Guide B3-5.4-03: Documentation and Assessment of a Nontraditional Credit History
This topic contains information on the documentation and assessment of a nontraditional credit history, including:
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.
What this section covers
- General Documentation Requirements
- Housing Payment History
- Standards for Individual Credit References Obtained Directly from a Creditor
- Standards for Documenting a Nontraditional Payment History Obtained From the Borrower
- Verification of Bank Accounts and Wire Remittance Statements
- Borrowers with Disabilities
- Non-U.S. Citizen and Foreign Borrowers
- Assessment of the Payment History for Nontraditional Credit References
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.