Saundra Allman,...
Agent
Eureka, CA

has downpayment, great job, and pay, however did not recently qualify for home loan. Many factors come in to play here, requirements call for different things but standardly and commonly 2 years on the job and 2 years residency in county you wish to buy and other variables may apply for professional loan processor guidelines. Although it is a negative seen by many, even in our professional real estate industry. Discouraged for rightful, thoughtful reasons. There are occassions when I would support such a decision on the part of the co borrow to support the borrower in need. References: http://www.mortgageoutreach.org http://www.bankrate.com
C.A.R.H.A.F First Time Homebuyers concern about job loss. MPP Mortgage Protection provides first time home buyers up to $1500 for up to 6 months to help make mortgage payments if they are laid off. A qualifed Co-buyer can receive a $750 benefit - up to 6 months to help pay mortgage, Consult with Prof. Loan Procesor, Certified Public Account, Attorney