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How will employment affect my chances?

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KLMN Guest	Posted: Wed Nov 23, 2011 10:42 pm    Post subject: How will employment affect my chances? Like 0 Dislike 0 I went to school for my current occupation, and completed it in 2004. I have worked in the same position since then. However, it's an industry that was hit hard by the economy a few years ago. Since 2008, I've averaged 17 months at a job. I have never had any gaps of employment, just one layoff. I began work at the first job in November 2009. I worked there until two months back. Now I got a second job. Same job title, just more money. Will that look bad? I want to apply for a mortgage in March next year. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jerry Moderator Joined: 17 Oct 2005 Posts: 2708 Location: MICHIGAN 429.63 Dollars($)	Posted: Thu Nov 24, 2011 12:50 am    Post subject: Like 0 Dislike 0 Hi KLMN, As you have worked in the same position and in the same industry, I don't think there won't be any problem for you to secure a mortgage. However, apart from the employment history, you should also have a good income and excellent credit score in order to get approved for a loan. Thanks, Jerry
jveenstra Community Expert Joined: 10 Nov 2008 Posts: 1310 Location: River Edge, New Jersey 274.62 Dollars($)	Posted: Fri Nov 25, 2011 9:54 am    Post subject: Mortgage Like 0 Dislike 0 You could apply for a mortgage right now, so, March of next year is fine _________________ John Veenstra, Sr Mortgage Consultant Approved Funding Corp Licensed NJ NY CT PA 201-833-0123x278

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