Friday, February 26, 2010

Want to buy house but company being bought out.?

I am looking to buy a house and have been preapproved for a sufficient amount. The mortgage company wants to see that I have been at the same job for at least a year, which I have (I have actually been at my job for about 4). The problem is that my company was bought out and although I'll be doing the same job out of the same office, starting in January, I will have totally different bosses and get my checks from a different company. Will this fact preclude me from being qualified for my loan?Want to buy house but company being bought out.?
It shouldn't. Just be prepared to submit documentation of the buyout.

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