Posted on: 19th Dec, 2013 12:39 am
Hello there... We are looking forward to take out a mortgage to buy a house. What are our chances of getting a home loan when only my husband has a job and that too for 6 months.
Hi Guest,
It will be difficult for your husband to qualify for a mortgage. Your husband should be able to show 2 years of stable employment in order to get the loan.
Thanks,
Jerry
It will be difficult for your husband to qualify for a mortgage. Your husband should be able to show 2 years of stable employment in order to get the loan.
Thanks,
Jerry
what did your husband do prior to 6 months? Unemployed, school, part time, other job....
No, without showing 2 years of stable employment history, it is well nigh impossible to get a mortgage loan. The mortgage lenders don't risk lending to people who are not sure about their repayment ability.