Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho July 27, 2023

The Impact of Your Employment History on Mortgage Approval

When it comes to applying for a mortgage, lenders take various factors into account to determine your eligibility. One crucial aspect they consider is your employment history. Your employment history provides lenders with valuable insights into your financial stability, income consistency, and ability to repay the loan. Lenders evaluate your income consistency to ensure that you have a reliable source of funds to cover your mortgage payments. They typically request pay stubs, W-2 forms, and tax … [Read more...]

Filed Under: Homeowner Tips Tagged With: Credit Score, Mortgage Loan, Real Estate Tips

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