Monday 03/03/08 “How-To Own a Home”

A common misconception is that you can’t buy a home until you’ve held down the same job for a solid two years. This is not true.
Lenders will look at your employment stability. Banks know people change jobs. It will help if you’re in the same field or profession for a minimum of two years – but even if you aren’t, it’s not an automatic decline.
Go to our Credit 101 page for information about credit reporting and scores.