Trust Income in Mortgage Transactions - Unlocking Loan Solutions with Radian

This episode is a part of Unlocking Loan Solutions with Radian, a micro-learning series for mortgage & real estate professionals, with video, audio, and job aid for each topic. Choose your preferred learning style and take your learning experience to a new level.

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This discussion will focus on a common theme we see coming to Radian Guaranty’s Customer Help & Sales teams, as well as in our live webinars: Trust Income. In this lesson we will discuss:

• The common Trust Income types you might see in loan files
• The different types of trust income that may be used to qualify for a mortgage
• How trust income may be used in mortgage transactions
• Documentation used to verify trust income

Resources:

• Fannie Mae Selling Guide: B3-3.1-09, Other Sources of Income (12/14/2022)
• Fannie Mae Selling Guide: What is required for trust income?
• Freddie Mac Selling Guide: 5305.2 Specific requirements for other income types

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