---

Employment

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
Xandra Guest	Posted: Thu Jul 07, 2011 12:16 am    Post subject: Employment Like 0 Dislike 1 I have a salaried income but don't have any commission. How long must I be employed with a firm in order to get a mortgage? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
sara Moderator Joined: 05 Jul 2006 Posts: 2694 Location: New Brunswick, New Jersey 496.42 Dollars($)	Posted: Thu Jul 07, 2011 1:33 am    Post subject: Like 0 Dislike 0 Hi Xandra, I haven't heard of any specific time period that you need to be employed with a firm in order to be qualified for a mortgage. However, lenders will check 2 years of employment history before approving you for a mortgage. Take care.
chrisgummerson Community Expert Joined: 29 Apr 2010 Posts: 704 Location: La Palma, CA 9.98 Dollars($)	Posted: Thu Jul 07, 2011 9:25 am    Post subject: Like 0 Dislike 0 If you have a 2 year history in the same line of work, then you should be able to get a loan, if your credit is sufficient. If you were in a completely different field of work and recently changed, then you would need 2 years of employment with your new company. Also if you were a student and recent graduate, then started to work, a lender will use your school as work history. _________________ Chris Gummerson Bay Valley Mortgage Group bayvalleymortgage.com 714-367-5125

Quick Reply
Your Name
Subject
Image Verification	Enter the code above here : Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0