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 / 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.

Can You Have Two FHA Loans at Once? What Homebuyers Need to Know Before Keeping Their Current Home

By Scott Sheldon / May 27, 2026

Can You Have Two FHA Loans at Once? What Homebuyers Need to Know Before Keeping Their Current Home One of the most common questions homebuyers ask is: “Can I keep my current FHA home as a rental and buy another house using a new FHA loan?” At first glance, it sounds reasonable. Maybe your current…