So I was a stay at home mom for 9 years, I have been in the work force for the last year, but am going through a divorce and I need to purchase a home for my daughter and I ASAP. How do I get a loan without 2 years of work?
Stockton,CA | Sep 3rd 2010
by mary238
Answer
by Crestic...
by michael...
Sounds like a FHA purchase candidate (possibly USDA) to me. You still need a minimum credit score, and income but it's worth putting in a full application. FHA is changing the guidelines as of Oct. 4th, so you should start now in case the FHA change hurts your chances..... Also, FHA allows for non-occupant co-borrowers in order to help qualify. -- Hope this helps -- Michael 800-845-4311 Sep 4th 2010 |
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