Home Buying in 44118>Question Details

Maribel Mend…, Renter in Orlando, FL

How long must you be employed to start looking into a mortgage?

Asked by Maribel Mendez, Orlando, FL Mon Feb 17, 2014

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While your job history is important in qualifying for a home loan, other factors also come into play. Lenders want to know that you pay your bills on time and generate enough income to cover your debts. Some lenders may have stricter qualifications than others, so it is best to contact a few local lenders to find out what they require. The answer can differ depending on whether you just started a new job due to a pay increase or transfer or if you started working for the first time.
Web Reference: http://www.liveindesoto.com
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