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  • Guide Section 5303. 1 - Freddie Mac
    Requirements for history, continuance, calculation and documentation for fluctuating employment earnings are outlined in the tables below Additional documentation may be required to determine the stable monthly income amount
  • Guide Content Detail
    The Guide requires documentation of two prior years of income for calculating the overtime income and one prior year for calculating the base fluctuating hourly earnings
  • Freddie Mac Bulletin 2025-6 Income Updates
    Freddie Mac has clarified requirements that permit using a shorter income calculation period (minimum 12 months combined) in certain instances for fluctuating earnings (base, hourly, bonus, overtime, commission, tips) when a specific event caused reduced income and is unlikely to recur
  • 25-63: Freddie Mac Bulletin 2025-6 Income Updates | PCG
    Announcement 25-63: On May 7, 2025 Freddie Mac Bulletin 2025-6 announced updates to income and documentation requirements for base fluctuating and non-fluctuating hourly employment earnings, pension, child support and housing choice voucher income These changes are effective immediately
  • Employed Income Requirements | Homebuyer. com
    Variable income requires much more documentation and analysis Fannie Mae needs to see a 2-year history of receiving this income before they'll count it toward your qualification Your lender averages the last two years of variable income, including the current year-to-date
  • How do I Navigate Fluctuating Variable Income on Mortgage Loans?
    For potential homeowners who have fluctuating or variable income, you may wonder how to best handle this income type on loans in your pipeline We’ve got you covered!
  • Freddie Mac – Fluctuating vs. Non-Fluctuating Hourly Worker
    Freddie Mac recently changed its guidelines to clear up the confusion on this exact situation If a Borrower takes off a few minutes early, OR the variation is no more than 1 hour per week total, you can still use the non-fluctuating hours that the employer guarantees to the Borrower
  • ALERT – Updates for Freddie Mac Guidelines | Wholesale Arc
    Updates include revised 12-month minimum employment history guidelines for fluctuating hourly earnings, clarified employed income requirements and calculation, and modified fluctuating income calculation and trend analysis requirements
  • Guide Section 5303. 2 - Freddie Mac
    Includes the terms of employment, including, but not limited to, employment start date and annual income based on non-fluctuating earnings Note: Hourly earnings from a new employer may only be used to qualify when there is a guaranteed minimum number of weekly hours
  • Guide Section 5303. 4 - Freddie Mac
    When there are multiple income sources and one or more income sources are needed to qualify the Borrower, document the income source (s) as required by the feedback messages The income must be verified and documented as required by the Guide





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