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Qualifying for a mortgage with less than 1 year of employment can be challenging, as lenders typically prefer to see a stable employment history. However, some lenders may consider other factors such as your credit score, income stability, and overall financial situation. It's best to speak with a mortgage lender to discuss your specific circumstances and options.
What else can I help you with?
Can I qualify for a mortgage with less than 2 years of employment history?
Qualifying for a mortgage with less than 2 years of employment history can be challenging, but it is possible with a strong credit score and stable income. Lenders may require additional documentation and proof of financial stability to assess your ability to repay the loan.
Do I need to have 2 years of employment history in order to qualify for a mortgage and buy a house?
Having a 2-year employment history is a common requirement to qualify for a mortgage and buy a house, but it may vary depending on the lender. It demonstrates financial stability and the ability to repay the loan. Some lenders may accept less than 2 years if you have other compensating factors.
Have you ever had a late mortgage payment that was less than 30 days overdue?
Yes, I have had a late mortgage payment that was less than 30 days overdue.
What are the benefits to flexible mortgages?
There are many benefits of a flexible mortgage. If you have a flexible mortgage you can pay more than the amount due and less than the amount due. It gives you the power with your mortgage payments as well.
When do you need mortgage insurance?
When ever you are making less than a 20% downpayment.
Can I qualify for a mortgage with less than 2 years of employment history?
Qualifying for a mortgage with less than 2 years of employment history can be challenging, but it is possible with a strong credit score and stable income. Lenders may require additional documentation and proof of financial stability to assess your ability to repay the loan.
Do I need to have 2 years of employment history in order to qualify for a mortgage and buy a house?
Having a 2-year employment history is a common requirement to qualify for a mortgage and buy a house, but it may vary depending on the lender. It demonstrates financial stability and the ability to repay the loan. Some lenders may accept less than 2 years if you have other compensating factors.
Best available equity home mortgage, worthwhile.?
In order to qualify for a home equity mortgage you must first have a line of credit open with your home. This usually entails the home owners owing less than 80% of the original mortgage. The rates range from 2.78% to 4.27% for a $10,000 equity loan. Contact your bank to see if you would qualify.
Can you qualify for a COBRA extension if your employer has less than 20 employees and what do you do if this does not qualify you?
How do I qualify for a COBRA extention, my employer does have more than 20 employees
Have you ever had a late mortgage payment that was less than 30 days overdue?
Yes, I have had a late mortgage payment that was less than 30 days overdue.
What are the benefits to flexible mortgages?
There are many benefits of a flexible mortgage. If you have a flexible mortgage you can pay more than the amount due and less than the amount due. It gives you the power with your mortgage payments as well.
If your self employment income is less than expected do you pay less estimated taxes?
Yes
When do you need mortgage insurance?
When ever you are making less than a 20% downpayment.
Can a second secured mortgage loan be discharged?
Yes, if there is no equity in the house to secure that second mortgage, or the equity is less than the exemption.
What square number is a multiple of 2 and less than 100 and digits add to less than 9?
4 and 16 both qualify.
Does a second mortgage in the UK typically come with a higher or lower interest rate than the first mortgage?
A second mortgage in the United Kingdom typically comes with a higher interest rate than the first mortgage. This is because the lien is considered to be less secure.
When is mortgage considered high ratio in Canada 20 or 25?
A mortgage with less than 20% down payment is considered high ratio.
