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Company Loan Type APR Est. Pmt.

mortgage for newly divorced mom with good credit, good job

Posted on: 17th Jan, 2011 08:45 pm
In the middle of a divorce....we are still living in our family home with our three kids 5, 6 & 8. I've been at home for 7 years with kids and somehow have been able to land a job for 60K, excellent credit no debt other than our current mortgage, but just started this job......no recent employment history.....Do I have a chance of getting approved for a mortgage?
Hi Rhoda!

Welcome to forums!

The lenders will want you to have an employment history of at least 2 years. If you do not meet this criteria, it will be difficult for you to qualify for the mortgage. Nevertheless, you should speak to the local lenders and apply for a mortgage to check out whether or not you will get one.

Feel free to ask if you've further queries.

Sussane
Posted on: 17th Jan, 2011 10:33 pm
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