Mortgage Monday I New Credit System for Mortgages in The Works: Everything we know so far I Episode 133
In a big news update issued by both HUD and the FHFA, it’s being reported that a pilot program is in the works. This new program will allow those who make their rent payments on time to be granted credit for this in the FICO credit system, effectively helping renters to qualify for a mortgage to become homeowners themselves. David and Christian react to a video of the announcement, share the information they know, and answer listener questions. Check it out!
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