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Company Loan Type APR Est. Pmt.

unemployed

Posted on: 06th Jun, 2009 10:57 am
Hi can I get a mortgage while unemployed?
May be possible........
be specific..........
Provide all details
Posted on: 06th Jun, 2009 11:10 am
No all lenders will ask you if your employed or not and if your not it will be near impossible to get a loan im sorry.
Posted on: 06th Jun, 2009 11:11 am
Hello Everybody on this forum. :D

Yes, mostly lenders will not ask you for you employed of unemployed & few things related to get loan with your employable. but they will ask you for your annual income. You must have sufficient income to get loan & you have to maintain your fico score to get loan.

But your employment will help you to approve your loan faster. Lender never saw your employment but they mostly giving attention on your annual income to give loan.

More people is still unemployed by today's market condition. This is very serious this for our country.

Thank you so much.

Daniel Corral.

:D
Posted on: 06th Jun, 2009 10:28 pm
are you serious. Who in 2009 is giving loans to unemployed people?
Posted on: 06th Jun, 2009 11:22 pm
Hi,

There are hardly any lenders who offer loans to unemployed people in this present market condition. The borrower needs to have at least 2 years stable employment history in order to qualify for a loan. No lender would want to take the risk by offering money to someone who does not have a stable job and income to be able to afford the mortgage payments.

Thanks,

Jerry
Posted on: 09th Jun, 2009 05:57 am
i have seen too many references to "hardly any" and mostly lenders" and "near impossible" and "may be possible not to jump in and add my incredulity at the responses along with that of johnnyloans.

how in the world can any of you make statements like that? please, people - let's be realistic.
Posted on: 11th Jun, 2009 09:09 am
Hi george, I just dont want to crush there hopes. It is impossible to get a loan while unemployed.
Posted on: 11th Jun, 2009 07:25 pm
asmith

If you are unemployed but can show some other source of income, probbaly that may help you to get a loan

But everyones situation is differnt and will be determined when you call some lebders

Good luck and feel free to ask
Posted on: 11th Jun, 2009 09:57 pm
no job = no loan
Posted on: 12th Jun, 2009 07:07 am
so succinct brian...thank you for your addition.
Posted on: 12th Jun, 2009 07:20 am
in this economy no job will get you no loan anywhere.
Posted on: 15th Jun, 2009 03:50 pm

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