How to Use Your Positive Rental History to Apply for a Mortgage!

Did you know that you can use your positive rental history to apply for a mortgage! Learn how to qualify for a home loan using your rent payments.
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The addition of positive rental history can be used as a compensating factor during the underwriting process. This is especially beneficial for borrowers who have a limited traditional credit history (Lack of credit cards, Loans, etc.). How does it work? Positive rent will automatically be pulled from your submitted bank statements and incorporated into the underwriting engine.

A recent study has showed that nearly 20% of denied applicants could have been approved with this change in place.

Make sure to watch the video in completion to learn jsut how to take advantage of this when applying for a new home loan.

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