Beyond the Guide: A Deep Dive into Mortgage Underwriting - Rental Income After the Rewrite
Fannie Mae has moved rental income into its own Selling Guide section, B3-3.8, with the latest revisions applying to applications dated on or after November 1, 2026. This post walks through the gates for using rental income, the documentation path for each property type, the 75 percent calculation, and the defects QC reviews find most often.
Beyond the Guide: A Deep Dive into Mortgage Underwriting - REO Held in a Business Entity
When a rental property is titled in an LLC, Fannie Mae may let the lender leave the full PITIA out of DTI, but only if the file proves it. Learn the three-part test, how partnerships, S corporations and C corporations differ, and the seven defects a QC review should catch.