First Time Home Buyers: Paying Rents on Time is Critical for You to Get a Loan Approval. If you’re a renter and planning to buy your first home, paying your rent on time is not optional—it’s part of your future mortgage approval. Here’s why ⬇️ When you apply for a home loan, the underwriter will verify your rent payment history with your landlord—typically the last 12 months. ✅ On-time rent payments show you can handle a housing payment ❌ Late or missed rent can raise red flags—even if your cred