Posted on: 05th Jul, 2013 09:22 am
I've just started a new job and I'm looking into mortgages, I'm still learning. I have money from family to pay for most of a property, though I don't have a property in mind yet, but may still need a mortgage for the rest.
Before this job I have been unemployed for many years.
Would this be a problem applying for a mortgage? Even if I only wanted to borrow a smaller percentage of the property?
Before this job I have been unemployed for many years.
Would this be a problem applying for a mortgage? Even if I only wanted to borrow a smaller percentage of the property?
Hi Charliev,
Well, you will have to show 2 years of stable employment history in order to qualify for any kind of mortgage.
Thanks
Well, you will have to show 2 years of stable employment history in order to qualify for any kind of mortgage.
Thanks