employment history for mortgage

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Joined: 17 Jan 2007

Posts: 917

168.84 Dollars($)

Posted: Thu Jun 14, 2007 5:25 pm Post subject:

Normally you can call it some kind of positive being used to offset a negative point in your mortgage qualifying. Lets for example, a buyer is short on qualifying for $1300 monthly payment that will be required on the mortgage. But the buyer has been making timely rent payments of the same amount for say past 2 years, it can be considered by lender that buyer is capable of making the mortgage payments and qualify the buyer. Miller

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