What percentage of income can be used for rental property when refinancing your home per fannie Mae?

Fannie Mae typically allows borrowers to use up to 75% of the rental income from the property being refinanced when qualifying for a loan. This percentage is intended to account for vacancy rates and property expenses. However, it's important to note that lenders may have their own guidelines that could affect the final amount considered for income. Always check with your lender for specific requirements.