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Home Buying in Somerville : Real Estate Advice

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Sat Oct 16, 2010
Gerard Dunn answered:
Finding the home is the easy part. Unless you have cash to pay for the house, finding, processing and preparing loan paperwork will be next to impossible to do within 2 weeks.

Good Luck!

If you like the answer - please consider making it a "Best Answer" !

Gerard Dunn
Associate Broker
Licensed in Maryland, Virginia and Washington, D.C.

Assisting Homebuyer's and Seller's for 28 years
703-216-9100
... more
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Sat Oct 16, 2010
Gerard Dunn answered:
Ms. Green -

You are going to have a difficult time - unfortunately.

When you went from paycheck to contract - you effectively went from employed to self employed.

The lender will need to see 2 year history of tax returns where they will consider your NET income after expenses to qualify you for a loan.

Good Luck!

If you like the answer - please consider making it a "Best Answer" !

Gerard Dunn
Associate Broker
Licensed in Maryland, Virginia and Washington, D.C.

Assisting Homebuyer's and Seller's for 28 years
703-216-9100
... more
0 votes 4 answers Share Flag
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