Freddie Mac issued Bulletin 2026-10 (Bulletin) announcing revisions to the Single-Family Seller/Servicer Guide. Per the Bulletin, Freddie Mac announced that when accumulated assets are used as borrower qualifying income, the following provisions now apply:

• The mortgage must be an “Accept Mortgage”;
• A minimum net eligible asset amount of $30,000 must be established;
• All occupancy types-primary residences, second homes, and investment properties are permitted;
• The loan purpose must be either a purchase transaction mortgage or a “non cash-out” refinance mortgage;
• Permitting the maximum loan-to-value (LTV)/total loan-to-value (TLTV)/Home Equity Line of Credit (HELOC) TLTV (HTLTV) ratios to follow the requirements of Section 4203.1 by removing the current maximum LTV, TLTV and HTLTV ratios of 80%;
• The division factor when calculating the qualifying amount to be used as income is reduced from 240 to 180;
• The borrower age restriction for depository accounts and securities has been removed;
• The requirements for depository accounts and securities have been separated for ease of use to find the specific requirements based on the borrower’s asset type;
• Depository accounts and securities are required to be seasoned for 12 months prior to the Note date (unless the account was funded from eligible sources);
• For depository accounts with account balance changes from the current statement to the statement 12 months prior, the lender is required to determine, based on the value variation, the eligible asset amount to be used in the final calculation of income as follows:
  • If the balance over the 12-month period decreased by more than 20%, depository accounts are not eligible to qualify the borrower (unless the decrease is documented as resulting from transfer of funds from depository accounts to securities or retirement accounts); and
  • If the balance over the 12-month period increased by more than 20%, the eligible documented asset amount is limited to 120% of the total value of the depository account 12 months prior to the current statement. However, this requirement does not apply when the increase is documented as resulting from the following:
    • A transfer from an eligible retirement account meeting the requirements in Section 5307.1(c)(i);
    • A transfer of funds from another depository account meeting the asset eligibility requirements in 5307.1(c)(ii);
    • A transfer from an eligible securities account meeting the requirements in Section 5307.1(c)(iii);
    • A lump-sum distribution meeting the requirements in Section 5307.1(c)(iv)(A);
    • Assets from the sale of borrower’s business meeting the requirements in Section 5307.1(c)(iv)(B); and
    • Assets from the sale of borrower’s real property meeting the requirements in Section 5307.1(c)(iv)(C);
    • Third-party verification reports must meet the requirements of Section 5302.3(a) to document depository accounts and securities;
• Proceeds from the sale of the borrower’s business must have been deposited into a depository or securities account owned by the borrower and held continuously for at least 90 days as of the current account statement; and
• Proceeds from sale of the borrower’s real property are an eligible source to fund a depository or securities account.

All revisions are effective for mortgages with settlement dates on or after February 3, 2027 (lenders may, however, implement immediately).

Click to view the Freddie Mac Guide Bulletin 2026-10: https://www.tenaco.com/wp-content/uploads/2026/08/Freddie-Mac-Guide-Bulletin-2026-10-08-05-26.pdf