- This topic has 4 replies, 1 voice, and was last updated 10 years, 5 months ago by Anonymous.
- February 22, 2011 at 2:51 pm #413841AnonymousInactive
surely you can get with the employment history
- February 22, 2011 at 3:26 pm #413842AnonymousInactive
Investor guidelines state that you have to have been employed in the same profession (not the same job) for a minimum of 2 years or, if recently graduated, be working in your field of study.
If your current position is unrelated to your previous experience your loan officer must document how your previous experience qualified you for this position and make a case for the fact that this is a step up in your career.
I’d be happy to answer any other questions you might have.
- February 22, 2011 at 3:42 pm #413843AnonymousInactive
IF, as you say, you have “the money” and decent credit, it should not be an issue. Get a referral to a trusted mortgage broker – some local banks may work with you as well. Have them help you. I would talk to two or more. Let them educate you. It MAY make sense to wait 3-6 months, but you should be able to get that done.
The programs you qualify for will greatly depend on your credit. If you know that, please share with us your credit scores and we can offer more guidance.
- February 22, 2011 at 4:21 pm #413844AnonymousInactive
If you have been in the same line of work (i.e. Customer service, receptionist, laboror, manager…etc etc) You will be fine. You will simply need a VOE form from your broker (Verification of Employment form). As long as you can document your last 2 years of employment you are fine. And if it was in the same line of work, it will not make a difference at all. If you are in TN, AL, KY, or FLA, I can help you. I am a mortgage broker.
- April 23, 2011 at 3:38 am #199340AnonymousInactive
I’m not sure if I’ll pursue my credit card application. My friends say that I should get one since I can use it online. Some say that I should go with cash in purchasing any item to avoid being trapped full of debts. I’m confuse now.
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