Transcription of Section B. Acceptable Sources of Borrower Funds …
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Section B. Acceptable Sources of Borrower Funds …
HUD 5, Section B5-B-1 Section B. Acceptable Sources of Borrower FundsOverviewIn This SectionThis Section contains the topics listed in the table NameSee Page1 General Information on Acceptable Sources ofBorrower Funds5-B-22 Cash and Savings/Checking Accounts asAcceptable Sources of Funds5-B-43 Investments as an Acceptable Source of Funds5-B-84 Gifts as an Acceptable Source of Funds5-B-105 Gift Fund Required Documentation5-B-156 Property Related Acceptable Sources of Funds5-B-187 Loans and Grants as Acceptable Sources ofFunds5-B-248 Employer Programs as Acceptable Sources ofFunds5-B-27 Chapter 5, Section BHUD General Information on Acceptable Sources of BorrowerFundsIntroductionThis topic contains general information on Acceptable Sources of borrowerfunds, including closing cost and minimum cash investment requirements, and types of Acceptable Sources of Borrower DateMarch 24, Costand MinimumCashInvestmentRequirementsUnder most FHA programs, the Borrower is required to make a minimumdownpayment into the transaction of at least of thelesserof theappraised value of the property or the sales , the Borrower must have sufficient Funds to cover Borrower .
Chapter 5, Section B HUD 4155.1 5-B-6 2. Cash and Savings/Checking Accounts as Acceptable Sources of Funds, Continued 4155.1 5.B.2.d Verifying Cash Saved at Home
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