Home Buying in River Grove>Question Details

Loramarie1025, Home Buyer in Chicago, IL

We want a preapproval home loan, would the lender accept that letter from my job, stating my employment and salary?

Asked by Loramarie1025, Chicago, IL Thu Sep 13, 2012

I start a new job on Monday. its double my income and my husband makes great money. both credit scores are really good. and we have some money for a down payment.
we are looking for a home in IL.

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2
Thanks Jim, it all worked out and were living in our new home! ;-)
0 votes Thank Flag Link Wed Apr 10, 2013
The lenders look for continuous employment. If you are doubling your salary, that is a good thing. You need to talk to a mortgage broker for particular information and get a pre approval. Then you know how much you can afford to spend for a home and plan your search accordingly.
0 votes Thank Flag Link Wed Apr 10, 2013
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