Employment Borrower Self Employed Indicator

Definition:
 

Indicates the Borrower is self-employed.

Valid Values:
 

True

False

When to Use:
 

Required for all individual borrowers and for the Underwritten Settlor when the borrower is a living trust. 

How to Use:
 

Select "True" if the borrower or Underwritten Settlor is considered to be self-employed according to Freddie Mac Single-Family Seller/Servicer Guide Section 5304.1.

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