Fannie Mae Selling Guide B3-4.3-03 — Retirement Accounts
Fannie Mae Selling Guide B3-4.3-03 — Retirement Accounts.
Verbatim regulatory text
Verbatim provisions from Fannie Mae Selling Guide B3-4.3-03 — Retirement Accounts — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
Fannie Mae Selling Guide B3-4.3-03 — Retirement Accounts
B3-4.3-03, Retirement Accounts (06/30/2015) Introduction This topic contains information on retirement accounts. Retirement Accounts Retirement Accounts Vested funds from individual retirement accounts (IRA/SEP/Keogh accounts) and tax-favored retirement savings accounts (401(k) accounts) are acceptable sources of funds for the down payment, closing costs, and reserves. The lender must verify the ownership of the account and confirm that the account is vested and allows withdrawals regardless of current employment status. If the retirement assets are in the form of stocks, bonds, or mutual funds, the account must meet the requirements of B3-4.3-01, Stocks, Stock Options, Bonds, and Mutual Funds, for determining value and whether documentation of the borrower’s actual receipt of funds is required when used for the down payment and closing costs. When funds from retirement accounts are used for reserves, Fannie Mae does not require the funds to be withdrawn from the account(s). Recent Related Announcements Published May 6, 2026 424 There are no recently issued Announcements related to this topic.