Rental Income
Work from permitted lease income or adjusted Schedule E figures and see the net property contribution.
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.
- 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.
Inputs
Start with the example or enter your own figures. You can type dollar amounts above the slider ranges.
Results
Loading worksheet…
MortgageRisk is independent of the agencies cited. Results are for professional review and do not constitute an underwriting decision or loan approval.