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First time home buyer looking for financing. Having trouble with lenders turning me down because the company I worked for went bankrupt in 2008. I work in the same position for a new company since Dec. of 2008, but they will not allow income from previous company. I got turned down twice. Is there any way around this problem?

Realgeni · Joined: 13 Apr 2009 Posts: 1434 99.76 Dollars($)

Guest

Welcoem to the forum

Lenders are in really tight situation with what has happned and they are really beign extra catious. I am not sure you have any othe roption, but to wati few years before you look to buy a house

Good luck and feel free to ask

manoj_gopale · Joined: 16 Feb 2009 Posts: 488 0.00 Dollars($)

Piano Lady/guest you have already asked this question .Make sure you do not ask the same question in multiple forums.

http://www.mortgagefit.com/predeal/about23350.html

keep in touch.......

brian3 · Joined: 09 Jun 2009 Posts: 80 21.31 Dollars($)

Did you own that company that went Bankrupt, if not I see no reason why that would count against you. Work with a better mortgage consultant, good luck

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how can I get financed as a first time buyer with a new job?