Radian Timely Topics: Leveraging Restricted Stock Units as Income

Today’s employers have found unique ways to compensate or reward their employees. More and more loan files reflect different types of compensation. One type of reward we are seeing more frequently is the Restricted Stock Unit or RSU being used as qualifying income. Are you ready for your next loan file containing RSUs?

*As always, keep up to date with GSE guideline changes with the links provided below.

Fannie Mae Guidelines: https://selling-guide.fanniemae.com/Underwriting-Borrowers/Income-Assessment/Other-Sources-of-Income/Employment-Related-Assets-as-Qualifying-Income/1066774741/What-asset-sources-are-allowed-when-using-employment-related-assets-as-income.htm

Freddie Mac Guidelines: https://guide.freddiemac.com/app/guide/section/5303.3