Fannie Mae and Freddie Mac both have similar language regarding Employer assistance. Both Agencies state it must be an established assistance program for ALL employees and not a special accommodation for a specific Employee(s). Documentation verifying the Employer Assistance Homeownership ( EAH) program is required.

Or the funds given CANNOT be used.

FHA allows one-time gifts from Employers or the Borrower’s labor union. The Employer will need to provide a gift letter and a recent business bank statement to show Donor ability for the gift. Refusal to do so will invalidate the fund gifts.

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