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FHA Boarder Income Boost Buying Power with Roommate Rent

FHA Boarder Income Boost Buying Power with Roommate Rent

Roommate checks qualify Starting March 14 2025 the FHA will count boarder rent toward your income. Save twelve months of digital receipts and a simple roommate agreement. At today’s 6.5 percent rate a steady 800 dollar rent payment can boost your borrowing power by about 140000 dollars as long as the boarder income stays under 30 percent of your total income. Tell your lender you want the Boarder Income feature and turn a spare bedroom into real buying power. Comment RENTLOG for a free rent log template and start tracking today. #FHA #homebuying

Carl Lofton

June 4, 2025

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