Have You Been In The Same Line of Work for 2 or More Years?
Employment history is important when applying for a home loan. Lenders typically look for stable employment over the last two years. This does not mean you have to be at the some job, but at least working in the same field or self-employed for the last 2 years.
Your income helps determine how much you can borrow.
Have You Had A Bankruptcy, Short Sale or Foreclosure in the last 3 years?
How Long Ago Was Your Bankruptcy, Short Sale or Foreclosure?
How Would You Rate Your Credit?
Poor (525 or lower)
Fair (526 - 610)
Your loan officer can review your credit for any discrepancies. Don't be discouraged if you think your score is low, often times a few small changes can have a big impact on credit scores.
Are You Working With A Realtor®?
How Soon Would You Like To Purchase A Home?