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changing jobs: How Changing Jobs Can Affect Your Home Buying - 09/08/11 12:32 PM

For most people, changing employers will not really affect your ability to qualify for a mortgage loan. However, for some home buyers the effects of changing jobs can be disastrous to your loan application.
We were reminded of this a few weeks ago when we worked with a gentleman who just relocated to Las Cruces, NM for a new, and better paying job in a new industry. Unfortunately, part of his new income is based on commission.
Commissioned Employees
If a substantial portion of your income is derived from commissions, you should not change jobs before buying a home. This … (2 comments)

 
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Evelyn Bruder, CRS, GRI, ABR, E-PRO

Las Cruces, NM

More about me…

Steinborn & Associates Real Estate

Address: 141 N. Roadrunner Parkway, Suite 141, Las Cruces, NM, 88011

Office Phone: (575) 532-2211

Cell Phone: (575) 650-7224

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I will provide information about the Las Cruces area Real Estate Market, and in addition, general information on Real Estate related topics. This blog should be a resource for both those already living here, as well as anyone considering relocating or retiring in Las Cruces so I will also add any new and current community Information that I know. This blog's ability to provide day to day information is intended to supplement all of the many Real Estate resources that are to be found on my WEBSTITE: www.HomesForSaleInLasCruces.com I am proud of this Website and I encourage you to visit.


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