10/21/2026
π‘ Fannie Mae Is Updating Its Income and Employment Rules
π Planning to buy a home or know someone who is? If youβre self-employed, recently changed jobs, or earn bonuses, commissions or overtime, this is worth a read.
π My latest blog covers the changes and what they could mean for qualifying for a mortgage.
π Read more here:
Fannie Mae has updated some of the guidelines lenders use to verify income and employment for conventional residential mortgages. This is especially relevant for buyers whose income is not a traditional W-2 paycheck. π₯ Who should pay attention? πΌ Self-employed and 1099 buyers π Buyers using...