Financing in 60060>Question Details

Student, Home Buyer in Illinois

I have been a full time student for three years, and was hired for a new job thre months ago. I just graduated in May. I have a good down payment

Asked by Student, Illinois Thu May 26, 2011

and a great credit history. However, after i quit my full-time job to go back to school, i was hired for a part-time job, and then laid off. I collected unemployment (with the state's consent and knowledge) while I was in school.

Will having collected unemployment while being a full-time student affect my ability to be approved for a mortgage?

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Were you able to get a mortgage?
1 vote Thank Flag Link Tue Jun 28, 2011
No. If you were hired for a job in the field you studied then it does not affect you.
1 vote Thank Flag Link Thu May 26, 2011
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