09/04/2026
🏠 BIG FANNIE MAE CHANGE FOR HOMEBUYERS 🚨
Buying a new home but DON’T want to sell your current one?
Fannie Mae just changed its Departing Residence guidelines, and this could be a BIG opportunity for homeowners who want to turn their current home into a rental.
🔥 The biggest change:
You DO NOT need a new lease agreement to establish rental income on the home you’re leaving.
Instead, lenders can use market-supported rent through an appraisal, comparable rent schedule, MLS, Zillow, Redfin, or other supported market analysis.
Generally, 75% of the supported market rent can be used to offset the housing payment on your current home.
Example:
🏡 Market Rent: $4,000/month
💰 75% Qualifying Rent: $3,000/month
🏦 Current Mortgage + Taxes + Insurance: $2,700/month
✅ That $2,700 housing payment could potentially be completely offset when qualifying for your next home.
This could be HUGE if you’re sitting on a 2%, 3%, or 4% mortgage rate and don’t want to give it up.
Instead of asking:
❌ “Do I have to sell my current house to buy another one?”
Ask:
💡 “Can I KEEP my house, turn it into a rental, and still qualify for my next home?”
The answer may be YES.
Before you automatically sell your current home, run the numbers first.
Sometimes the best wealth-building move isn’t selling the house…
It’s keeping it. 🏠➡️🏠📈
📲 Thinking about moving? Reach out and I’ll run both scenarios for you.
