For millions of people in the United States, the challenges that come with buying a home escalate because they have limited to no credit, and immigrants are particularly vulnerable given that they have no credit score when they come to the U.S. Various private and federal mortgage lenders and the government-sponsored mortgage financer Fannie Mae are trying to make it easier by allowing applicant's on-time rent payment histories and other similar payments help qualify them for a home loan.

Topics:  united states   u.s various   fannie mae   buy   home   rent   payments   credit score   mortgage   
BING NEWS:
  • Is It Worth Paying Your Rent or Mortgage on a Credit Card?
    The Bilt Mastercard is a unique housing credit card, designed to help you earn rewards for paying rent. Later this year, according to a letter to members on its website, Bilt will ...
    01/21/2025 - 3:33 am | View Link
  • How on-time rent payments can help 'credit invisible' consumers be seen
    Housing is the most considerable expense for U.S. consumers — and while high rents and home prices are obstacles to saving for potential homebuyers, access to affordable credit is another significant ...
    07/17/2024 - 8:15 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News