Americans looking to buy a home will be able to have more of their financial data considered. As has been stated when applying for a mortgage, New models include rental history, utility payments, and other data not currently accounted for when applying for a home mortgage. This will also create opportunities for younger, creditworthy Americans who may have been unable to access affordable credit because of the reliance on older models. (07:03–07:16)
CLAIM
Asserts that new mortgage models will include rental history and utility payments.
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