Fannie Mae Selling Guide B3-4.3-21 — Borrower's Earned Real Estate Commission
Fannie Mae Selling Guide B3-4.3-21 — Borrower's Earned Real Estate Commission.
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Verbatim provisions from Fannie Mae Selling Guide B3-4.3-21 — Borrower's Earned Real Estate Commission — 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 B3-4.3-21 — Borrower's Earned Real Estate Commission
B3-4.3-21, Borrower's Earned Real Estate Commission (04/05/2023) Introduction This topic contains information on the use of borrower's earned real estate commission as eligible funds for the subject transaction, including: Earned Real Estate Commission Documentation Requirements Earned Real Estate Commission Earned real estate commission refers to the borrower's portion of a real estate commission earned from the sale of the subject property being purchased when the borrower is acting as their own real estate agent. Lenders may use the borrower's earned real estate commission as an eligible source of funds for down payment and closing costs provided the borrower is a licensed real estate agent and will receive a sales commission from the purchase of the subject property. Documentation Requirements The lender must document the following: the settlement statement must reflect the commission earned by the borrower, and the earned commission amount must be credited towards the mortgage loan. Note: For DU loan casefiles, earned real estate commission must be entered as a Credit Type of "Other" in Section 2b of the online loan application. Recent Related Announcements The table below provides references to recently issued Announcements that are related to this topic. Published May 6, 2026 447 Announcements Issue Dates Announcement SEL-2023-03 April 05, 2023 Section B3-4.4, DU Requirements for Asset Assessment