09/06/2026
🏡 Did you know it might be easier than you think to keep your current home and buy your next one?
If you’ve been thinking about moving but don’t want to give up your current 3% or 4% mortgage rate, this could be for you 👀
Eligible homeowners can turn their current home into a rental and still qualify for their next home.
❌ No tenant lined up before closing
❌ No signed lease required
❌ No first month’s rent or security deposit collected in advance
For an eligible departing residence, documented market rent can be used to help offset the existing mortgage payment.
For example:
🏠 Current home could rent for $2,500/month
💰 75% of that = $1,875/month
📉 If the mortgage payment is $1,950, that rental income could significantly reduce the amount of that payment counted against you for qualifying purposes.
That could mean you can:
➡️ Keep your current home
➡️ Keep that great mortgage rate
➡️ Rent the home out
➡️ Buy your next home
WITHOUT having to find a tenant before you close on your new home.
For homeowners who have been saying, “I’d love to move, but I don’t want to give up my 3% mortgage,” this could open up a completely different strategy.
⚠️ Important: This is not automatic for every borrower or every property. Eligibility and how rental income is calculated depend on the specific loan scenario and current underwriting guidelines.
If you’re wondering whether your current home could become a rental and help you qualify for your next home, I’d be happy to connect you with a lender to look at the numbers.
📲 Thinking about making a move but don’t want to give up your current mortgage rate? Let’s talk about your options.