source:
  type: guide
  id: fnma-sel-b3-3.3-06
  authority: Fannie Mae Selling Guide B3-3.3-06 — Mortgage Diﬀerential Payments Income
  description: Fannie Mae Selling Guide B3-3.3-06 — Mortgage Diﬀerential Payments
    Income.
  coverage_tier: operative
obligations:
- id: fnma-sel-b3-3.3-06-full
  canonical_id: fnma-sel-b3-3.3-06-full
  section: Fannie Mae Selling Guide B3-3.3-06 — Mortgage Diﬀerential Payments Income
  type: do
  tags:
  - regulator-direct
  - fnma
  - selling-guide
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: Fannie Mae Selling Guide B3-3.3-06 — Mortgage Diﬀerential Payments
      Income
    source_class: fnma-guide
    source_url: https://singlefamily.fanniemae.com/media/document/pdf/selling-guide
    snapshot_id: 5f7b8b79da595d76
    fetched_at: '2026-05-25T14:09:57Z'
    content_hash: sha256:98cf85a02861bbe84914a0e339b327c8fc131869a8a573882007bbeea60c5701
    paragraph_quote: B3-3.3-06, Mortgage Diﬀerential Payments Income (03/04/2026)
      Mortgage diﬀerential payments from a borrower's employer are intended to subsidize
      the borrower's mortgage payments by paying all or part of the interest diﬀerential
      between the borrower's past and current mortgage payments. The following table
      provides requirements for mortgage diﬀerential payment income. Criteria Requirements
      Documentation The lender must obtain written veriﬁcation from the borrower's
      employer conﬁrming the subsidy and stating the amount and duration of the payments,
      such as a written agreement between the borrower and employer. Additionally,
      a verbal VOE is required. See B3-3.1-04, Verbal Veriﬁcation of Employment, for
      speciﬁc requirements. Income History There is no set minimum history requirement
      for inclusion as qualifying income. Income Continuance The lender must document
      that the income is expected to continue for at least three years from the note
      date. Determination of Qualifying Income The lender may add the full amount
      of the payment to the borrower's monthly income, and not as an oﬀset to the
      mortgage payment. Recent Related Announcements The table below provides references
      to recently issued Announcements related to this topic. Published May 6, 2026
      326 Announcements Issue Date Announcement SEL-2026-02 March 04, 2026
  judgment: false
