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re: Buying Home Question

Posted on 10/24/13 at 8:23 pm to
Posted by BayouWrangler
Member since Feb 2011
1231 posts
Posted on 10/24/13 at 8:23 pm to
I would talk to a banker. You may have trouble getting financed due to lack of work history. Last time I refied they needed 2 yrs w2s.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35718 posts
Posted on 10/24/13 at 8:50 pm to
quote:

You may have trouble getting financed due to lack of work history. Last time I refied they needed 2 yrs w2s.


It's not such a hard and fast rule with recent college graduates. However, a 23 year old just out of college may have a problem having the credit score necessary to qualify and sufficient cash reserves to close on the loan.
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