So I was a stay at home mom for 9 years, I have been in the work force for the last year, but am going through a divorce and I need to purchase a home for my daughter and I ASAP. How do I get a loan without 2 years of work? by mary238 from Stockton, California. Sep 3rd 2010
Hello Mary,Yes it is possible to get a loan but it depends on few other factors such as credit, current income etc... please feel free to email me for more informationHoutan.Hormozian@Crestico.com or call 949 242 5215
Sounds like a FHA purchase candidate (possibly USDA) to me. You still need a minimum credit score, and income but it's worth putting in a full application. FHA is changing the guidelines as of Oct. 4th, so you should start now in case the FHA change hurts your chances..... Also, FHA allows for non-occupant co-borrowers in order to help qualify. -- Hope this helps -- Michael 800-845-4311
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