Unlocking Loan Solutions with Radian: Trust Income

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: https://selling-guide.fanniemae.com/Selling-Guide/Origination-thru-Closing/Subpart-B3-Underwriting-Borrowers/Chapter-B3-4-Asset-Assessment/Section-B3-4-2-Verification-of-Depository-Assets/1032990221/B3-4-2-01-Verification-of-Deposits-and-Assets-05-04-2022.htm#Trust.20Income
Freddie Mac: https://guide.freddiemac.com/app/guide/section/5305.2

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