TIP OF THE WEEK

TIP OF THE WEEK

Change in employment

Recently I had a client come to me 2 weeks before he was going to change employer. Luckily for him I was able help him refinance.

Some others have come to me and told me that they have recently left their salaried jobs and became self-employed. Unfortunately I would not be able to use their new or old income for qualifying.

My advice for clients who are currently employed and are uncertain if their jobs might be eliminated (example SEARS) or terminated in the near future to verify when their mortgage is due or to purchase before making any career changes. If your mortgage is due next year, you might not want to wait until the axe falls!

CALL “ YOUR MORTGAGE DOCTOR’ for a FREE CONSUTATION today!