• MPF 125, MPF 35, MPF Original
  • May 9, 2024

MPF Announcement 2024-33

MPF Traditional – Nontraditional Credit Eligibility

Effective Date: Immediately (unless otherwise noted)

Updated the MPF Traditional Selling Guide to provide to expand the list of nontraditional credit references to account for various examples of housing payments.

 The following are examples of acceptable housing payments:

  • Rent: fees paid to a landlord or property management company;
  • Privately held mortgage loan: housing payments not reported to the credit bureaus, such as contract for deed payments and other similar arrangements, provided the payments are related to the borrower’s residence; and
  • Real estate taxes: payments made on a principal residence, regardless of payment frequency (for homes owned free and clear).

 For additional information see MPF Traditional Selling Guide section Eligible Types of Nontraditional Credit. 


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