What is "Positive Rent Payment" and how does it help?

Written By HomeSuite Affiliates

As of September 2021, Fannie Mae implemented the Positive Rent Payment enhancement, which expands access to credit for thousands of renters. 12-months of a consistent rent payment history can help you buy a home, even if those rental payments do not appear on a credit report. This will improve the likelihood of becoming a first-time homebuyer.

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HomeSuite Affiliates
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