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How will employment affect my chances?

Posted on: 23rd Nov, 2011 09:42 pm
I went to school for my current occupation, and completed it in 2004. I have worked in the same position since then. However, it's an industry that was hit hard by the economy a few years ago. Since 2008, I've averaged 17 months at a job. I have never had any gaps of employment, just one layoff. I began work at the first job in November 2009. I worked there until two months back. Now I got a second job. Same job title, just more money. Will that look bad? I want to apply for a mortgage in March next year.
Hi KLMN,

As you have worked in the same position and in the same industry, I don't think there won't be any problem for you to secure a mortgage. However, apart from the employment history, you should also have a good income and excellent credit score in order to get approved for a loan.

Thanks,

Jerry
Posted on: 23rd Nov, 2011 11:50 pm
You could apply for a mortgage right now, so, March of next year is fine
Posted on: 25th Nov, 2011 08:54 am
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