Blog. Newsletter.
Fannie Mae's rental income deadline moved to December 1
The application date and lender adoption date determine which rental income requirements a processor should use.
First published on Mortgage Processing Brief on LinkedIn on . Republished here on .
Fannie Mae has moved the required start date for its rental income changes to December 1, 2026.
The September 23 revision replaces the November 1 deadline. Lenders must use the new policies for loans with application dates on or after December 1. They can adopt the changes earlier.
For a processor, the application date and the lender's adoption date both matter. A December closing date alone does not tell you which requirements the lender is using.
Before requesting rental documents, confirm the requirements for that loan with the lender. If your team adopts early, make sure originators and processors get the same instructions. An older training note that says November 1 may need updating.
This date change is specific to rental income. The announcement's appraisal and Native American lending sections have their own effective dates. Lenders using UAD 3.6 must follow its Policy Supplement.
Read Fannie Mae's updated announcement, especially page 1.
Follow Loandock for practical mortgage processing updates.
See the work on a file
The redacted live-file activity log shows a wrong-pay-period response, the correction request and the accepted document being filed. You can also watch the product recording before deciding whether a walkthrough fits your team.
More from the blog
Book a walkthrough
See Loandock request a document, check what comes back and update the condition in your LOS. The walkthrough also shows what stays with your team.
Allow 30 minutes. You do not need to send any loan files.
Book a walkthroughChoose a time for your walkthrough.
30 minutes with the team. No files or documents needed.
Loading available times…