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AI Summary
- MG The Mortgage Guy explains how to leverage roommate/rental income to qualify for mortgages using Fannie Mae's Homeready program, which accepts documented payments from at least 9 of the last 12 months
- Documentation is critical—requires leases, payment records with memos, and written agreements to unlock additional buying power and maintain financial flexibility
- Program works for various living situations including partners not on leases, allowing borrowers to significantly strengthen mortgage applications while keeping finances secure
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