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sunshine0714
Joined: 26 Aug 2005
Posts: 11
Location: TRENTON,NJ
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| Posted: Tue Aug 30, 2005 3:59 am Post subject: qualifying for a mortgage |
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| I'm told 6 months on the job is all I need to qualify for a mortgage loan. |
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Haplo
Joined: 20 Jan 2005
Posts: 2406
Location: Springfield, IL
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| Posted: Tue Aug 30, 2005 3:37 pm Post subject: |
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| That would depend on the mortgage program. There is more involved than simply your 'on th ejob' time. it also depends on why you only have 6 months. Do you have similar job history? School? Anything tieing you together? Is it salary or commission or wage or what? |
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biggermortgages
Joined: 04 Sep 2005
Posts: 10
Location: California
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| Posted: Sun Sep 04, 2005 7:04 pm Post subject: |
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Some loans dont care at all about your job or how long you've been emplyed. Others look at it very much. My suggestion is to find a couple local brokers who will work with you.
What State are you in?
Most brokers can do 100% financing up to $300-$500k with a fico of about 580
Which is POOR CREDIT. Do you have collections or bad history? or just short history? |
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