Comments on: You Need a Job To Get a Mortgage http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/ Mon, 20 Jun 2011 00:09:25 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Shailesh Ghimire http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/comment-page-1/#comment-2884 Shailesh Ghimire Sat, 07 Feb 2009 21:34:11 +0000 http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/#comment-2884 Very good point. Verifiable income is key. For most people this translates into a job, but still there are situations which this does not apply. Very good point. Verifiable income is key. For most people this translates into a job, but still there are situations which this does not apply.

]]> By: s2kreno http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/comment-page-1/#comment-2875 s2kreno Mon, 26 Jan 2009 22:48:53 +0000 http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/#comment-2875 You don't need a job to get a house; you need verifiable income. If your income is from public assistance, alimony, or child support but is sufficient and your credit is okay, you can get a mortgage. It is in fact ILLEGAL to discriminate against people with this kind of income. In addition, income from investments is allowable as long as you can prove that it will continue for at least three years. Ditto for loan repayments if you have loaned someone money and he is repaying you faithfully. So you do NOT in fact need a job to buy a home. You don’t need a job to get a house; you need verifiable income. If your income is from public assistance, alimony, or child support but is sufficient and your credit is okay, you can get a mortgage. It is in fact ILLEGAL to discriminate against people with this kind of income. In addition, income from investments is allowable as long as you can prove that it will continue for at least three years. Ditto for loan repayments if you have loaned someone money and he is repaying you faithfully.

So you do NOT in fact need a job to buy a home.

]]> By: Shailesh Ghimire http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/comment-page-1/#comment-533 Shailesh Ghimire Fri, 17 Aug 2007 15:35:16 +0000 http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/#comment-533 Calie, How funny. I don't really see the house/job thing as a catch 22 but I guess some people do. Ma, I will put a modified version of this on AR. I think some agents will appreciate the story in this climate. Thanks, Shailesh Calie,

How funny. I don’t really see the house/job thing as a catch 22 but I guess some people do.

Ma,

I will put a modified version of this on AR. I think some agents will appreciate the story in this climate.

Thanks,
Shailesh

]]> By: Ma http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/comment-page-1/#comment-532 Ma Fri, 17 Aug 2007 03:35:04 +0000 http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/#comment-532 You need to post this blog on AR AND have it in the Sunday's ad! Great post! You need to post this blog on AR AND have it in the Sunday’s ad! Great post!

]]> By: Calie Waterhouse http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/comment-page-1/#comment-531 Calie Waterhouse Fri, 17 Aug 2007 02:47:44 +0000 http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/#comment-531 Oh my stars - this is so true. I was having lunch with a dear friend of mine today and she was telling me a story about a buyer who was trying to purchase a house without having a job. Their reasoning? You need a house to have an address. Can't get a job without an address? Well ... don't you need a job to buy a house? Sounds like a catch 22 to me. Isn't it more like which came first - the chicken or the egg? Nice blog, Shailesh & Aimee - Calie Oh my stars – this is so true. I was having lunch with a dear friend of mine today and she was telling me a story about a buyer who was trying to purchase a house without having a job. Their reasoning? You need a house to have an address. Can’t get a job without an address? Well … don’t you need a job to buy a house?

Sounds like a catch 22 to me. Isn’t it more like which came first – the chicken or the egg?

Nice blog, Shailesh & Aimee – Calie

]]> By: A trip through the mortgage blogosphere - MortgageGuide202 - http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/comment-page-1/#comment-529 A trip through the mortgage blogosphere - MortgageGuide202 - Thu, 16 Aug 2007 22:56:07 +0000 http://www.azmortgageguru.com/you-need-a-job-to-get-a-mortgage/#comment-529 [...] The Arizona Mortgage guru informs us that you do in, in fact, need a job to get a loan. [...] [...] The Arizona Mortgage guru informs us that you do in, in fact, need a job to get a loan. [...]

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