
Can I get approve for a loan?
Great topic to discuss today and that is mortgage…
Las Vegas Real Estate NOW · Harvey Blankfeld
March 26, 20194m 37s
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Show Notes
Great topic to discuss today and that is mortgage misperception things that people think are so but maybe they are not. For instance, “I know I must be at my job for at least two years or be at my current job for two years.” John Ingram lets us that is FALSE! He explains that mortgages have moved passed that rule what lenders are looking for is that you have been working for two years. Must show you have a stable job history but if you change jobs that is okay. There is even opportunity when you change fields where it could still be okay. It all comes down to can we build a story that says your income stable, consistent, and reliable there is a chance. If Harvey wanted to apply for a loan all his money would have to be document. Lenders will hear stories from clients stating, “I have this income coming in making everything okay for me,” usually the lender asks them does that show on paper? Mostly commonly being is tipped specialist we have tons of those in Las Vegas and as such there is a large amount of cash. That goes unreported on a person’s tips make it tricky unless they have it on paper to be able to qualify for a loan. Outstanding job to John Ingram for giving out these tips for us! If you are interested in getting a loan or how to qualify please contact us and we will put you in touch with John Ingram!
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