What Fannie Mae’s Rule Change Means for Buyers

3 years ago
43

When it comes to applying for a loan, many first-time homebuyers don’t necessarily have a lot of credit, but they do have a rental history. Unfortunately, less than 5% of people’s rental payments show up on their actual credit reports, so they not getting credit for their on-time payments as a tenant. Today we’re excited to announce that Fannie Mae has come out with some new rules to help you use your rental payments as part of your decision-making process in getting a loan. To learn more, watch our latest video.

Learn More: https://www.kimoquance.com/blog/what-fannie-maes-rule-change-means-for-buyers/

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Kimo is an Amazon bestselling author and has been featured on HGTV''s House Hunters (3X), Tiny House Hunters, SD Luxury Listings on Fox 5, LifestylesSD, ESPN 1700 and Operation American Dream.
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