does paying board to parents count as rental history for lenders

Paying board to your parents can be beneficial, but it may not be viewed the same way as formal rental history by lenders. Banks typically differentiate between boarder income and self-contained rental income. While boarder income can improve your borrowing power, it’s often assessed at a discounted rate due to its variability and lack of formal rental agreements. In your case, the $300 a week you've been paying...