I have a similar question - My husband and I are relocating to Johnson City, Tn and coming here without

Sandy
Home Buyer
37601

jobs. We are selling a house in Wi and plan on putting down 40-50% on the new house. Can we get a loan without employment? Thanks for any and all responses.

Answers (1)
Marilyn & Tom A...
Agent
37660
FIRST ANSWER

This will be a challenge! The liklihood of a loan without employment is slim. If you were coming in with the entire amount of cash purchase it would be do able. The loan restrictions that are in place currently make it down to the wire as to a place of employment is checked within 24 hours of the closing to see that the Buyer is employed there. As we do the paperwork for the purchase and provide a piece of paper stating ALL information to the loan officer who will then do their best to work within the time constraints of your application & the contract for the house so that they meet A closing date, it might be possible. A good loan officer can be provided by us to work with you through the process, so that the mission can be achieved.

Feel free to call me for more information. I love to find homes for people locating to our region.

What city in WI? We have one of the most beautiful regions in the world to live and work in! Hope to hear from you soon.

Buyer's Agent or Seller's Agent - I am a Certified Real Estate Specialist! A CRS! We will work from your location to the one of choice in your move to close the deal for you! Ask for 2AdamsRealtors - Marilyn!

Marilyn C. Adams, CRS, GRI

Mon Mar 16 2009, 07:14

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