The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
New Fannie Mae Departing Residence Rental Income Rules: What Homebuyers Need to Know
By Scott Sheldon
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September 10, 2026
Fannie Mae’s 2026 departing-residence update changes how rental income may be documented when you keep your current home as a rental and buy another primary residence.
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By Scott Sheldon
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May 1, 2025
When you’re in the market for a new home, comparing loan estimates from different mortgage companies is a crucial step. However, it’s essential to scrutinize these estimates carefully, especially the projected property taxes. Some lenders might provide lower estimates to make their offer appear more attractive, but this can lead to unexpected increases in your…
Read More about How Misquoted Property Taxes Can Inflate Your Mortgage Payments