Posts from April 27th, 2022
Montague Miller Blog
RSS Feed
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2024 | 5 Posts
- 2023 | 37 Posts
- 2022 | 43 Posts
- 2021 | 31 Posts
- 2020 | 29 Posts
- 2019 | 17 Posts
- 2018 | 22 Posts
- 2017 | 14 Posts
- 2016 | 23 Posts
- 2015 | 12 Posts
- 2014 | 2 Posts
buying a home | 117 Posts
mortgage | 5 Posts
real estate news | 51 Posts
selling a home | 51 Posts
Uncategorized | 11 Posts
April
27
27
First-Time Home Buyers Guide: Buying With A New Job
Sometimes it takes a new job to give you that income boost you need to buy your first home, but a new job can actually complicate the mortgage approval process.
Here are some things you should know:
- Don't start the home buying process and then start a new job in the middle of it. Get the new job first plus a few months (and pay stubs) under your belt and then start your home search.
- A new job with a higher income is a good thing for a lot of reasons, but it doesn't mean you automatically will qualify for a mortgage. New jobs come with risks, especially if you're changing fields and starting something completely new. Customarily, most mortgage companies want two years of income...