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I have about $65000 in savings. Can I get a $65000 mortgage? I do not have a job.

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albertlopez65 Joined: 02 Jul 2011 Posts: 1 1.25 Dollars($)	Posted: Sat Jul 02, 2011 12:30 pm    Post subject: I have about $65000 in savings. Can I get a $65000 mortgage Like 0 Dislike 0 I want to buy a fixer upper and use my money for the rehab expenses.
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Sun Jul 03, 2011 9:23 pm    Post subject: Like 0 Dislike 0 Hi albertlopez, As you don't have a job, it won't be possible for you to qualify for a mortgage. None of the lenders will be ready to give you a mortgage without any job. Thanks
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Mon Jul 04, 2011 11:10 am    Post subject: Like 0 Dislike 0 "No job" doesn't necessarily mean "no income," but we don't know what kind of circumstances you're in here, Albert. Elaborating on your situation would be a major move in our attempts to help you out. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044

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