Your Rental History Can Finally Help You Qualify for a Fannie Mae Mortgage
by Mike Winters from Lifehacker on (#5NCWV)
Fannie Mae will include rent-payment history as part of their underwriting process, making it easier for borrowers to qualify for mortgages-starting Sept. 18. With the rule change, 17% of borrowers who were previously rejected would now be approved, based on their rental history alone. Here's a look at how you might...