Posted on: 08th Apr, 2010 12:03 pm
my hubby and i been trying for 3 years now to get a loan.. eventually i lost my job, and he only is working (2 jobs) one he's been working 4.5yr p/t (he was at the other for 1 year then he was offered better hours full time in same field 9-6 m-f he just started recently.. we have a 30k dpmt and are looking at forclosures between 60-80k is it possible to get a loan with his job situation..please reply
If your husband has the required credit score and a stable financial situation, then, he would be able to qualify for a loan. I would suggest him to contact the local lenders and check out if he could get pre-approved for a loan. He can even seek a no obligation free mortgage consultation from the lenders of this community. This will let him know whether or not he would get a mortgage. Also, it'll help him in knowing what type of rates and terms he would be receiving.
It sounds like he has a consistent job history and more than enough assets to put down. Depending on his credit, the rest of his profile looks good!
