These Are The 4 Foolproof Signs You?re Ready To Stop Renting And Become A Homeowner
At some point in our lives, most of us will stop renting and become a homeowner. The question is, how does one know when it’s a good time to take that leap" If you’ve been thinking about taking the plunge and buying a home recently, you’ve come to the right place. We’ve laid out four […]
The post These Are The 4 Foolproof Signs You’re Ready To Stop Renting And Become A Homeowner appeared first on Freshome.com.
At some point in our lives, most of us will stop renting and become a homeowner. The question is, how does one know when it’s a good time to take that leap" If you’ve been thinking about taking the plunge and buying a home recently, you’ve come to the right place. We’ve laid out four signs that you’re ready to stop renting and own a home. Read them over to help determine if now is the time for you.
You need at least two years of steady employment to be able to buy a home. Image: Breadmaker/ Shutterstock
You’ve been at your job for a while
One of the keys to being able to buy a home is having steady employment. Essentially, since mortgage companies are giving you such a large loan, they use your employment history as an indicator that you’ll likely continue having the funds to pay them back. Traditionally, they look to see that you have at least two years at the same company before granting approval.
If you’re a freelancer or otherwise self-employed, don’t worry. There ...
The post These Are The 4 Foolproof Signs You’re Ready To Stop Renting And Become A Homeowner appeared first on Freshome.com.
At some point in our lives, most of us will stop renting and become a homeowner. The question is, how does one know when it’s a good time to take that leap" If you’ve been thinking about taking the plunge and buying a home recently, you’ve come to the right place. We’ve laid out four signs that you’re ready to stop renting and own a home. Read them over to help determine if now is the time for you.
You need at least two years of steady employment to be able to buy a home. Image: Breadmaker/ Shutterstock
You’ve been at your job for a while
One of the keys to being able to buy a home is having steady employment. Essentially, since mortgage companies are giving you such a large loan, they use your employment history as an indicator that you’ll likely continue having the funds to pay them back. Traditionally, they look to see that you have at least two years at the same company before granting approval.
If you’re a freelancer or otherwise self-employed, don’t worry. There ...
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