Gallagher Group Real Estate Team

Fannie Mae Introduces New Underwriting Innovation to Help More Renters Become Homeowners

Sunday Oct 3rd, 2021


One of the most rewarding things we get to do as Realtors® is helping renters and first-time homebuyers achieve the dream of homeownership. But getting approved for your first mortage is traditionally very difficult. However, Fannie Mae just made it easier for renters to qualify for a mortgage. Beginning September 18th, Fannie Mae began considering consistent, on-time rent payments into your overall credit history. So now when a renter makes that monthly payment they will actually get... [read more]


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