Fannie Mae Selling Guide B3-6-05: Monthly Debt Obligations
This topic describes obligations that should be considered in underwriting the loan, 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
- Alimony, Child Support, Equalization Payments, and Separate Maintenance Payments
- Bridge / Swing Loans
- Business Debt in Borrower’s Name
- Court-Ordered Assignment of Debt
- Debts Paid by Others
- Non-Applicant Accounts
- Deferred Installment Debt
- Federal Income Tax Installment Agreements
- Garnishments
- Home Equity Lines of Credit
- Installment Debt
- Lease Payments
- Rental Housing Payment
- Loans Secured by Financial Assets
- Open 30–Day Charge Accounts
- Other Real Estate Owned—Qualifying Impact
- Revolving Charge/Lines of Credit
- Student Loans
- Alimony, Child Support, Equalization Payments, and Separate Maintenance
- Payments
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.