09/20/2026
Thinking about buying your next home and keeping your current one as a rental? This mortgage update could make that path a little more flexible. 🏡
Under the updated Fannie Mae guidance, a signed lease may no longer be required in certain cases to use rental income from a departing residence. Instead, qualifying market rent can potentially be used to help offset the existing mortgage payment.
That could be a meaningful change for buyers who want to hold onto their current property rather than sell before making their next move.
There is still an important planning piece: 6 months of reserves may be required for the departing residence.
So the takeaway is simple:
No lease requirement = more flexibility
6 months of reserves = planning still matters
If you’ve been wondering whether keeping your current home as a rental could work with your next purchase, this is worth discussing with your lender and real estate team.
📲 Message me if you want to talk through what this could mean for your next move.
