Fannie Mae: ADU Income Now Allowed
New rule allows rental income from accessory dwelling units to be considered as part of a borrower’s qualifying income
New rule allows rental income from accessory dwelling units to be considered as part of a borrower’s qualifying income
The proposed changes reduce acceptable rental income history from two years to 12 months, among other expansions of FHA guidelines
CEO of Doss Law explains how private mortgage lenders can take advantage of the opportunity
‘Backyard revolution’ opens up the affordable housing market.