Director of the Federal Housing Finance Agency (FHFA) William J. Pulte just handed renters who are looking to buy a home a huge win.
Until now, if you were renting a home, the only thing that went into qualifying for a mortgage was your credit score, which until now has never included rent payments.
Thanks to a brand new order from Pulte, that all changes today:
My ORDER today (thanks to my boss, POTUS) will allow for Americans to use their RENT to qualify for a mortgage. Credit history will no longer just include credit cards and loans. This is HUGE.
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— Pulte (@pulte) July 8, 2025
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Here are more details according to National Mortgage Professional:
Mortgage lenders working with Fannie
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