Home Buying in Big Spring>Question Details

Debbie Hall, Home Buyer in Big Spring, TX

i am getting unemployment and attending nursing and will be until done can i get a home loan

Asked by Debbie Hall, Big Spring, TX Thu Jun 21, 2012

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4
Others have mentioned "2 years" in a job or same line of work.
When you get out of school and go into employment in the same line of work as your school studies.... The 2yrs requirement is waived.



Tom Burris
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0 votes Thank Flag Link Thu Jun 21, 2012
Normally you will need a job with income and normally 2years of income in the same type of job.
As a nurse though, you can probably qualify with just a couple of paystubs and perhaps your offer letter or contract.

Once you start working we'll need to get you connected to a great loan officer.
0 votes Thank Flag Link Thu Jun 21, 2012
Bruce Lynn, Real Estate Pro in Coppell, TX
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Many lenders require 2 years of employment apply for a loan. HOWEVER after you secure a position contact a broker COMPLETE loan application determine if you can qualify for a mortgage.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
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0 votes Thank Flag Link Thu Jun 21, 2012
Not sure I understand.

Unemployment is NOT an allowable income source for qualifying if that is your question.

If you are wanting to buy after school.... we would just need 1 pay stub from a nursing job to qualify you.



Tom Burris
Mortgage Banker
DallasLoanGuy.com
(214) 763-4629 cell/text/nights/weekends(Really!!)
tomburris@dallasloanguy.com
Lending all across the entire Great State of Texas!!
NMLS# 335055
Search Dallas area MLS for FREE. No registration => http://www.ntreisinnovia.net/cgi-ntr/BR_login?0501134
0 votes Thank Flag Link Thu Jun 21, 2012
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