Freddie Mac Seller/Servicer Guide 5501.4: Other sources of funds
Sources of funds eligible to be used to qualify the Borrower other than those in Section 5501.3 and the eligibility and documentation requirements are described in the tables below.
Freddie Mac publishes the full text of this section: Freddie Mac Seller/Servicer Guide 5501.4 on the Freddie Mac website. Zeitro Strata answers questions about it with the passage and page cited.
What this section covers
- (a) Gift or grant funds
- (b) IDA – Agency matching funds subject to Recapture
- (c) Proceeds from an unsecured loan that is an EAH Benefit
Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.