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Can you purchase a home if you have only been working six months

 
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Can you purchase a home if you have only been working six months?
0     In Mortgage Cont.16

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    Q. If i want to purchase a home which i found on fsbo website and the agent is not involved can i apply for a mortgage if the home was not on mls?


    Yes you can but there may be additional information needed. Your mortgage professional should be able to prove that this is an "arms length" transaction meaning the seller and the buyer are doing the negotiations and bargaining without one influencing directly the other party through blood relationship or extended degree of relationship, ie. this is not a sale within family members. The purchase and sale agreement needs to be crisp to get a mortgage that is not MLS. Also,. an appraisal may be needed especially if the price does not make sense.

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    Can you help us by answering one of these related questions?
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    Q: Can you purchase a home if you have only been working six months?
    • 78% - If i sell my new home within 9 months of purchase?
    • 60% - Can i get a mortgage if i have only been working 6 months?
    • 60% - How many months dod i need to have been working to get a mortgage?
    • 60% - Will i get a loan working 6 months?
    • 60% - Can you get a mortgage with only working 7 months?
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    • 54% - What happens if i sell my rental house within 6 months of purchase?
    • 54% - What happens to my mortgage when i sell my house but the purchase dates is a few months later?
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    • 53% - Will i lose my deposit of 5000 00 if i have contract to purchase in 6 months if i can t get a loan?
     

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