Your Positive Rental History Will Now Help You Qualify for a Mortgage

In a bid to help more renters becomes homeowners, Fannie Mae has introduced a new “innovation” that will incorporate rental history into its automated underwriting system. The added feature, which will launch on September 18th, 2021 via Fannie Mae’s Desktop Underwriter (DU), automatically identifies recurring rent payments in an applicant’s bank statement data. This will… Read More »Your Positive Rental History Will Now Help You Qualify for a Mortgage

The post Your Positive Rental History Will Now Help You Qualify for a Mortgage appeared first on The Truth About Mortgage.

Source: Mortgage