Fannie Mae’s October 2026 guidance measures three-year continuance from the application date for income with a defined expiration or asset depletion. Learn how to identify the rule and make the lender handoff clearer.

A K-1 can support business income, rental income, or a second stream alongside wages. Fannie Mae’s October update makes the ownership share and application date part of the broker’s handoff.

A year-to-date P&L is not an automatic summer document. Learn what brokers should confirm before requesting one from a self-employed borrower.