When rates are low, it can seem like the ideal time to refinance your mortgage. After all, who doesn’t like a lower interest rate? There are lots of good reasons to refinance your mortgage, such

Dated: January 24 2019
Views: 150
Can I BUY a HOME if I changed Jobs? What if I was out of work for a while?
SAME LINE (TYPE) OF WORK: 2 years are required (and worked within the United States) but not necessarily at the same job.
LENGTH OF TIME AT THE SAME JOB: If you have two years in the same line (type) of work and just switched jobs then we will need an employment letter and a paystub from the new job before closing.
SECOND JOB: 2 years are required for working at both jobs.
BONUS/OVERTIME/COMMISSION: 2 years are normally required. If you switch jobs but have the same job title and get paid the same way then an exception can be granted if you have been at the new job for at least 6 months. (Note: VA is very flexible. (2019) FNMA treats commission income like regular pay so tax returns are not always required.)
JOB GAP: (FHA Loans) If you were out of work for more than 6 months you need to be back at work for 6 months at same job.
FUTURE INCOME: For conventional loans we need an employment letter start date for new job, new raise, or retirement income 90 days from the mortgage note and 6 months of reserves. FHA and VA loans are 60 days.
STILL NOT SURE? WE ARE HERE TO HELP! Contact us TODAY... Don't WANDER around WONDERING!
My name is Manny Quiros, I’m a real estate professional in the “Disney Area”, I have lived in this area since 1999 and have called this area my home and place my wife and I to raise our three wo....
When rates are low, it can seem like the ideal time to refinance your mortgage. After all, who doesn’t like a lower interest rate? There are lots of good reasons to refinance your mortgage, such
Buying a house can be incredibly exciting and terrifying at the same time, especially if it’s your first or second home. For a lot of buyers today, the idea of getting a killer deal is the
Good lighting is important in many places in the home. When you’re working in the kitchen, though, having sufficient lighting to see what you’re doing is vital. Poor lighting in your kitchen
According to the Brookings Institute, about 42 million Americans (one in eight) have a student loan, totaling about $1.5 trillion in student loan debt. Only 30 percent of Bachelor’s degree