Employer Assistance (applicable to Title I only)

Employer Assistance (applicable to Title I only)

Employer Assistance refers to benefits provided by an employer to relocate the Borrower or assist in the Borrower’s housing purchase, including closing costs, prepaid items, insurance premiums, or any portion of the minimum cash investment. Employer Assistance does not include benefits provided by an employer through secondary financing. A salary advance cannot be considered assets to close.