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morgage question...

butterfly20 Posted:

morgage question...

how does it work...
i graduate in may, so ill have a job in may or later,
and want to close may or later..
so right now its only fh's income(which is enough for the mortgage but not much other expenses)..
and we have the 20% to put down...

are we going to have problems getting approved til i get a job?

I know people said that houses are going on the market now cause people sell in the spring, and move out in june after there kids are done with school... i was hoping for a house like that but are we going to have a problem?
casg Posted:

Re: morgage question...

you shouldnt have a problem

but if its a new construction home
that will probably take longer

get pre approved so you know what you are working with

look at homes
find one bid on it
it gets accepted
you get the actually mort.

ask them to explain sellers concession to you

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