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Employment issues

Posted on: 01st May, 2012 02:34 am
I have been told by the mortgage lender I have been working with that the underwriter have told her there unable to approve my request of a home loan due to the fact I am considered a part time employee. It is required for a part time employee to have been with the same company for over one year. She has advised me my best bet to secure a mortgage would be to find full time employment and re apply. Dose this sound correct? By the way this was for a usda loan , or fha.
Hi Ballay,

You can contact the local private lenders and check out if they can help you with a loan depending upon your financial and employment situation.

Thanks,

Jerry
Posted on: 01st May, 2012 02:45 am
Hi Ballay,

I would suggest you to contact some other local lenders and check out if they can help you in this regard. If you're comfortable with taking out private loans, then you can even contact the hard money lenders and check out if they can help you in this regard. However, you should always remember that such hard money loans are always available at a very high interest rate.

Thanks
Posted on: 01st May, 2012 07:57 pm
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