New Lending Rule: Rent Payments = Mortgage Approval?
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New Lending Rule: Rent Payments = Mortgage Approval?
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Big changes are hitting the housing market—and they could make homeownership way more accessible.
In this episode of Cameron’s Corner, I break down three major updates every Utah buyer needs to know:
A new lending rule that allows rent payments to count toward mortgage approval?
A fresh look at June’s housing data and what it means for buyers and sellers in Utah County.
And a reality check: Utah is now ranked as one of the most expensive housing markets in the U.S.—but there’s still opportunity if you know where to look.
PLUS: This week’s Deal of the Week is wild. EDGEHomes is offering a 5.49% interest rate + 9% back in concessions. That’s over $41,000 on a $460K townhome—enough to cover closing costs and potentially your down payment.
📲 Ready to explore this opportunity? Text me at (385) 232-0980 or DM @cameronhekking.re to learn more.