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Home Loan & Length of employment requirements

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  • Home Loan & Length of employment requirements

    I am plan to buy a home sometime next year (2009), but I just recently got a job offer with another bigger firm (same industry, just more pay, more growth and potential to move up).
    I was wondering if I take the job offer would me just starting a new job affect my chances of getting a home loan or my interest rate. My credit is great, not much debt...just student loan.

    I will finish my 3rd year at my current job in January.

    Are is it not wise to change jobs in the current economy?
    Last edited by ms_businesswoman; 12-03-2008, 05:59 AM.

  • #2
    if its in the same field it does not affect you in a bad way , most people need a home loan after moving to take a new job

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    • #3
      It has less of an effect if you are in the same career field. They are looking for a consistent employment history in a single career field.

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