Selling Guide

Published December 4, 2019

B3-4.3-17: Personal Unsecured Loans (09/20/2010)

This topic contains information on personal unsecured loans.

Personal Unsecured Loans

Personal unsecured loans are not an acceptable source of funds for the down payment, closing costs, or financial reserves.

Examples of personal unsecured loans include signature loans, lines of credit on credit cards, and overdraft protection on checking accounts.

Related Announcements

The table below provides references to the Announcements that have been issued that are related to this topic.

Announcement Issue Date
Announcement SEL-2010–13 September 20, 2010