The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

How fha loans treat border income

New FHA Guidelines: How to Use Boarder Income to Qualify for a Mortgage

By Scott Sheldon / September 3, 2025

For years, one of the most frustrating limitations in FHA lending was the inability to use boarder income—that is, rent paid by someone living in your home—to help qualify for a mortgage. Fortunately, that has now changed. With the release of HUD Mortgagee Letter 2025-04, FHA has introduced updates that allow for the use of…

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