11/02/2026
What if the key to your next home is the one you already own? It sounds a little backwards.
But for some homeowners, keeping their current home as a rental could open up a path to their next home.
Under updated Fannie Mae guidelines, eligible borrowers may be able to use their current home's market rent rate from their departing residence to help qualify for a new mortgage loan for their new home.
And you don't need a rental agreement in place for this scenario. That means the home you're ready to outgrow could potentially become part of your strategy for moving to your new one. Contact a Castle & Cooke Mortgage loan officer today to learn more!