I plan to relocate to Tennessee from New Jersey next year. As a tractor trailer driver, employment is not an issue for me in another state, however, my wife, who works in retirement planning would need to search for a new job. How does the mortgage company qualify us for a mortgage during this relocation process? Would she have to have a job lined up already or would they look at her history and potential to earn? I will also be switching companies, in the same industry. How does a mortgage company view my potential to earn? A letter from the new employer? Is it even possible to get pre-qualified? Would they pre-qualify us based on our current income? We currenty own our home and would be selling it. We have never done this before and have no idea how it works. Any advice or information to help us prepare would be appreciated.
2006-08-20
12:56:35
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6 answers
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asked by
Sean
3
in
Renting & Real Estate