Keep your employment stable

Stable income is a staple of a mortgage approval. Maintaining consistency is important.

You would think getting a better paying job would increase the probability of getting a mortgage approval. However, in today’s market many lenders require 30 days of pay stubs.

If you change your job, line of work, or your commission or bonus structure, you may be denied a loan – even if you earn more money.

On the day of closing, a lender may call your employer to make sure you are still working there and will only then make the decision to fund your loan.

Call me today to discuss any of your mortgage questions.

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Omar Khamisa
Owner
Mission San Jose Mortgage
2111 W. March Lane, Suite B100
Stockton, CA 95207
Office: 209-651-2000
Mobile: 510-648-5535
Fax: 209-434-2311
NMLS: 369325
Omar@MSJMortgage.com