MortgageRiskPlans & pricing
INCOME

Rental Income

Work from permitted lease income or adjusted Schedule E figures and see the net property contribution.

Fannie MaeLast agency guidance update: Sep 2, 2026Last verified: Nov 9, 2026Effective date: Dec 1, 2026
Freddie MacLast agency guidance update: Not yet verifiedLast verified: Nov 9, 2026Effective date: Not yet verified
HUD / FHALast agency guidance update: Not yet verifiedLast verified: Nov 9, 2026Effective date: Not yet verified
VALast agency guidance update: Not yet verifiedLast verified: Nov 9, 2026Effective date: Not yet verified
Agency guidanceSee verification scopeView guideline history
Material guidance update
Sep 2, 2026
Last verified
Nov 9, 2026
Effective date
Dec 1, 2026

Separate rules for subject, short-term, non-subject, and departing residence. The scope verified here includes the supported lease and Schedule E worksheets; optional adoption began September 2.

Source publication
Sep 2, 2026
Last verified
Nov 9, 2026
Effective date
Dec 1, 2026

A supported subject-property short-term rent example uses a 50% factor. Verify scenario and evidence before using the result.

Freddie MacGuide 5306.1 ↗
Source publication
Not yet verified
Last verified
Nov 9, 2026
Effective date
Not yet verified

Reviewed lease and Schedule E treatment in the April 2026 Guide snapshot. The revision date of a material worksheet change has not been established.

Material guidance update
Sep 2, 2026
Last verified
Nov 9, 2026
Effective date
Dec 1, 2026

Owner-occupied housing treatment, documented current housing payment, and 12-month management threshold.

Source publication
Sep 2, 2026
Last verified
Nov 9, 2026
Effective date
Dec 1, 2026

Long-term subject rent, expense add-backs and ADU restrictions.

Source publication
Sep 2, 2026
Last verified
Nov 9, 2026
Effective date
Dec 1, 2026

After adoption: supported market rent, offset only, and six months of additional reserves if management history is under 12 months.

Source publication
Sep 2, 2026
Last verified
Nov 9, 2026
Effective date
Dec 1, 2026

After adoption: use market rent and cap qualifying use at the related PITIA offset.

Source publication
Not yet verified
Last verified
Nov 9, 2026
Effective date
Not yet verified

Subject vs. non-subject treatment, lease and appraisal, equity, relocation, ADU limit, and Schedule E.

Source publication
Not yet verified
Last verified
Nov 9, 2026
Effective date
Not yet verified

Departing residence offset, non-subject rental documentation and reserves, and subject multi-unit income.

01 / SCENARIO

Inputs

Start with the example or enter your own figures. You can type dollar amounts above the slider ranges.

Check any that apply

Start with the standard inputs. Select an option to see the extra fields.

$0$15,000
Leave blank when the selected agency permits using appraiser market rent alone.
$0$15,000
Use the form or market evidence permitted by the agency. FHA compares market and lease rent when both are available.
02 / WORKSHEET

Results

mortgagerisk.link

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MortgageRisk is independent of the agencies cited. Results are for professional review and do not constitute an underwriting decision or loan approval.