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moving out of state, need help with mortgage

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stephenwillis Joined: 21 May 2010 Posts: 1 1.35 Dollars($)	Posted: Fri May 21, 2010 1:58 pm    Post subject: moving out of state, need help with mortgage Like 0 Dislike 0 I plan to move out of state (to NJ) for a new job which will start Oct 15. I will continue at my current job until Sep 30. I wish to purchase a house in NJ with closing date Aug 1, but am having trouble finding a mortgage because I obviously will not have a pay stub. I am a physician and have a signed contract with my new employer, excellent credit, 20% cash for a down payment and can easily cover the mortgage payments for the new house as well as my current house until I sell it with my current and future jobs' salaries. How can I find a lender willing to close on a loan 75 days before I start my new job (even though there will only be 2 weeks between jobs)?
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Fri May 21, 2010 8:43 pm    Post subject: Like 0 Dislike 0 Hi stephenwillis, It is true that the lender will always want to check your employment details before you are approved for a mortgage. As you have signed an agreement with your employer, you can show it as a proof of your job. It will be the lender's discretion whether or not he would consider this and give you a loan. Thanks

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