Friday, February 26, 2010

How long do you have to be at the same job before a bank/credit union will loan you money to buy house ?

Most banks like to see at least a 3yr work history with one employer. However if you have a special circumstance and a good loans manager, sometimes this rule can be overlooked.How long do you have to be at the same job before a bank/credit union will loan you money to buy house ?
It depends on your type of job. A new doctor can get a loan on day 1. A new carpenter may need 6 months to a year on the job.
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