2006-07-01 15:07:06 · 10 answers · asked by BigDaddy 2 in Business & Finance ➔ Renting & Real Estate
All the answers are wrong. If you have good credit you can do a no-Doc loan and get a house. It is a name, adress, social security number. Bang you are approved. I have done several loans this way. There may also be a stated loan that you could do with better rates. I can help if you want more info.
2006-07-02 16:50:51 · answer #1 · answered by unclejesse1 3 · 0⤊ 0⤋
You may not want to until you obtain work and feel secure with the position! I obtained two mortgages (4 years ago) for 2 different properties I was buying at the same time. I was able to get a "Stated Income" loan. This kind of loan generally requires a significant down payment ( for me it was 30% down) and other cash or assetts that are provable. I am refinancing those same two properties now with another "Stated Income" loan, and all I have had to produce has been an appraisal for the properties and a copy of my last two bank statements. Good luck, and make sure you can make your mortgage payments comfortably.
2006-07-01 22:57:29 · answer #2 · answered by guapogetsit 1 · 0⤊ 0⤋
As long as you have a source of income you can get a mortgage. Job in the traditional sense is not necessary as long as you can demonstrate ability to pay.
2006-07-02 03:48:48 · answer #3 · answered by mangenteng 1 · 0⤊ 0⤋
You need income to get a mortgage.
2006-07-02 09:15:13 · answer #4 · answered by KathyS 7 · 0⤊ 0⤋
Well if you have no income then you can't get a mortgage.
We have to be able to verify your income. Even it's not from a job,as long as it's verifiable and steady we can count it.
2006-07-01 22:11:09 · answer #5 · answered by Sara 6 · 0⤊ 0⤋
have steady, regular income for at least 2 years
2006-07-01 22:13:46 · answer #6 · answered by Lady in Red 3 · 0⤊ 0⤋
you have to have a job and you have to have for more than a few weeks
2006-07-01 22:11:22 · answer #7 · answered by §†êþhåñïê»-(¯`v´¯)-» 3 · 0⤊ 0⤋
marry a sugar momma
2006-07-01 22:28:13 · answer #8 · answered by minime 3 · 0⤊ 0⤋
get a job. otherwise, it ain't gonna happen. sorry.
2006-07-01 22:12:17 · answer #9 · answered by Matthew C 2 · 0⤊ 0⤋
You Don't!
2006-07-01 22:10:38 · answer #10 · answered by Pobept 6 · 0⤊ 0⤋