Did you know that Fannie Mae does not require a copy of the donor’s bank statement from a gift donor?

Article Title: Fannie Mae – Gift Funds Received as Bank Check: If a gift donor provides a bank check vs. a personal check, do we have to provide the donor’s bank statement? Answer: See highlighted text below from FNMA selling guide.  You will notice that there is NO requirement to provide bank statements from the […]

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