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Qualifying for Mortgage in Another State

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kingmidas
New Contributor

Qualifying for Mortgage in Another State

I was thinking about moving to another state of course after securing a job which would be in the same field.  My question is would it be hard to qualify for a mortgage just because your new to that state and any advice to offer.  Any input is greatly appreciated!


Starting Score: myfico.comEQ 570 TU 614 EX (fako/experian.com) 565 5/24/12
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HoldingOntoHope
Valued Contributor

Re: Qualifying for Mortgage in Another State

Assuming that your employment is in the same field then I cannot imagine why that would be a barrier to qualification for a mortgage. People move for employment purposes all the time. Of course your profile would still have to meet all the other qualifications for the loan.

Best financial advice I ever got: "Just imagine what an adult would do and do that."

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203bravo
Established Contributor

Re: Qualifying for Mortgage in Another State


@HoldingOntoHope wrote:

Assuming that your employment is in the same field then I cannot imagine why that would be a barrier to qualification for a mortgage. People move for employment purposes all the time. Of course your profile would still have to meet all the other qualifications for the loan.


+1 - they are probably going to want to see a valid offer of employment prior to closing other than that you will be fine.

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