If the employer pays the following to attract or retain valuable employees, the payment is considered employee compensation:

• employee's closing costs
• mortgage insurance premiums, or
• any portion of the cash investment.

An adjustment to the maximum mortgage amount is not required.

If the employer provides this benefit after loan settlement, the borrower must provide evidence of sufficient cash for closing.

Note: A salary advance cannot be considered as assets to close, since it represents an unsecured loan.