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Loan application this pandemic

I plan to buy a studio apartment in the $100k range but I recently lost my job due to the pandemic. I have $80k savings in the bank and I currently live with my parents while actively looking for work. What are the chances of getting a loan approved? by graham468 from Aliso Viejo, California. Oct 29th 2021 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Sorry, pretty much zero until you can document the ability to safely afford the payment with monthly income (a job). I lend for properties in WI MN IA ND SD. Find me at WI-MortgageBroker.com Cambria Mortgage, NMLS 274132

Nov 1st 2021
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