Answer: This could only be done on a Fannie Mae HomeReady® product or the Freddie Mac HomePossible® product, but it is not acceptable for any other program offered by Fannie Mae or Freddie Mac. Excerpts below from Fannie and Freddie selling guide. Reference: Fannie Mae B5-6-03, HomeReady Mortgage Underwriting Methods and Requirements (04/03/2019) Rental Income […]

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