Freddie Mac – Gift Donor Funds: Can a gift donor use funds from their trust account if they are the sole trustee and beneficiary?

Answer: Freddie Mac does not restrict or govern where the donor gets their funds. See excerpt below from Freddie selling guide (and highlighted text). Reference: 5501.3: Asset eligibility and documentation requirements (03/28/18) (c) Special requirements for other eligible sources of funds: Other sources of funds eligible to be used to qualify the Borrower for the […]

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