Fannie Mae UPDATE- Improved rules on Acceptable Donors

Mortgage and Lending with CMG Home Loans NMLS 248937


With the latest Fannie announcement today (SEL-2022-08) we have new acceptable sources for gifts:

Assets and verification of assets  has always been Strict on Mortgages. FNMA has made Gift giving a little easier with this latest update.

FNMA now has 3 categories of donors:

  • Relative
  • Unmarried Partner (new)
  • Unrelated Friend (new)

The 2 new categories are for non-relatives that share a familial relationship with the borrower.  These are defined as

  1. A domestic partner of the borrower
  2. An individual engaged to marry the borrower
  3. A former relative of the borrower
  4. A Godparent of the borrower
  5. A relative of the domestic partner of the borrower

previously we were not allowed to accept gifts from anyone other than a relative so this is certainly an improvement on the guidelines.  

Keep in mind that currently this is Fannie only, and we will still need a gift letter, Donor's Ability, Transfer and Receipt of the gift to satisfy the guidelines.

Thanks for reading!

Robert Rauf 
Mortgage Loan Originator NMLS# 248937 
or my blog: 
Office: (732)908-4868  Cell (732)740-0175

Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit or for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, 

Comments (4)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em:


Enjoyed your blog page, and I added you as a friend. I would love the follow back. Thanks Bill

Sep 07, 2022 01:59 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Robert Rauf I got word of this guideline change today, and it is very welcomed.

Sep 07, 2022 02:31 PM
Robert Rauf
CMG Home Loans - Toms River, NJ

George Souto Definitely a Welcomed change.  It certainly helps with a bit of common sense for a change!

Sep 08, 2022 07:26 AM
Robert Rauf
CMG Home Loans - Toms River, NJ

Bill Salvatore - East Valley I appreciate the Kind words!  Thanks for stopping by.

Sep 08, 2022 07:27 AM