Getting a Mortgage When You're Furloughed
Manage episode 521295457 series 3012587
๐ Schedule a time to meet with Bill here: https://calendly.com/blitton/
๐ฒ Text "LEND" to 21000 to schedule a free 15โminute consultation
Being furloughed can create uncertainty, not just with your income, but with major financial decisions like buying a home. In this episode, Bill helps break down how furloughs can affect the mortgage process and what borrowers should understand before making their next move. It's a reminder that preparation, communication, and finding the right lending partner make all the difference, especially during uncertain times.
Here's what we discuss in this episode:
๐ Mortgage challenges during furlough: why income interruptions complicate the process
๐ฅ Alternative qualification options: using co-signers, spouses, or restructuring
๐ Planning ahead: preparing for shutdowns before they impact your loan
๐ Verification issues: how employment checks can delay or block closing
CONTACT:
Schedule a time to meet with Bill here: https://calendly.com/blitton/
Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/
Call: 484-352-4151.
Check us out on YouTube: https://bit.ly/3KbUxAF
114 episodes