Key word: SSA Income, Three year continuance, Verification

 

Social security income is provided to adults and children with a disability or blindness. During 2020, we paid an average of $2.8 billion of monthly benefits to four million children because one or both of their parents are disabled, retired, or deceased. These benefits provide necessities for family members and help make it possible for those children to complete high school. When a parent becomes disabled or dies, Social Security benefits help stabilize the family’s financial future. The attached are the requirement for Freddie.

 

Type of Social Security benefit

Borrower is drawing Social Security benefits from own account/work record

Borrower is drawing Social Security benefits from another personʼs account/work record

Retirement/ Disability

Social Security Administratorʼs (SSA) Award letter, or

Proof of current receipt

SSA Award letter,

Proof of current receipt, AND

Three-year continuance (e.g., verification of beneficiaryʼs age)

 

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