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Can you qualify if you don't have a job? (1 viewing) (1) Guest
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TOPIC: Can you qualify if you don't have a job?
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Can you qualify if you don't have a job? 2 Years, 10 Months ago Karma: 0  
I have been a month behind on my mortgage for almost a year due to a layoff and just couldn't get the $ together this month, so I am now over 60 days behind.

If I don't have a job, can I qualify for anything? I have a Fannie Mae loan.

Also I wanted to find out if anyone knew what the formulas were for the lenders making these types of decisions so I can figure out how much I need to make in order to avail myself of the plan. (I am hopeful every day that I will get a job--but can I qualify on $8 or $10 an hour for a $1200+ mortgage?

Thanks.
Hope2009 (User)
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