Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
Are you an employee with a salary -or a contract employee? This will make a difference in how the underwriter views your file.
Get a good mortgage banker to give you advice on an approval.
Serving Maryland, DC and Northern Virginia
The best person to tell you this is your mortgage professional. Preview as many homes online and go to as many open homes as possible. Don't be in such a rush. Take your time and do it right.
The underwriter can use your verificaton of employment for approval but will probably condition for a pay check stub prior to loan documents.