How to Get a Mortgage and Change Jobs at the Same Time

Posted from: https://www.zillow.com/blog/get-a-mortgage-with-a-new-job-223707/

It’s true that changing jobs can affect your loan approval, but, like most mortgage-related questions, the devil is in the details. So long as you are moving from one position to one with equal or higher income, and you are able to provide documentation of your work and income history, any changes to your loan approval chances should be minimal. The most important thing for lenders and their underwriters is ensuring you can repay the loan, and the best indicators of that are your income and h…

Posted from: https://www.zillow.com/blog/get-a-mortgage-with-a-new-job-223707/

It’s true that changing jobs can affect your loan approval, but, like most mortgage-related questions, the devil is in the details. So long as you are moving from one position to one with equal or higher income, and you are able to provide documentation of your work and income history, any changes to your loan approval chances should be minimal. The most important thing for lenders and their underwriters is ensuring you can repay the loan, and the best indicators of that are your income and h…

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