Only been employed in mi for 1 month. Left ca and job (34yrs). Who will give me a loan?

If you're in the same line work with 30 days pay stubs, you should be ok.. But your credit score, income, debt, etc.. All play into whether your approved or not.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Actually, here at NOVA Home Loans, when we look at a borrower, we do not necessarily require that the type of employment be similar. In many cases, there just needs to be reasonableness to the work you are doing. As an example, if you used to be a carpenter, building homes and now you are working for a company as a furniture mover or appliance delivery, since both are labor intensive type of work, we would consider current employment with the previous as adequate, depending on other factors being strong, like score, reserves and ratios. Don't let the newness of your job deter you. Contact a local Mortgage Banker/Broker. Whereas a big bank may require you to have two years in the same line of work, a Mortgage Broker/Banker who has access to loan products of many lenders, not just those of one bank, and can properly guide you. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans. ~ Licensed in California and Arizona ~ NMLS 40586 ~ www.LoansA2z.com ~ 888-889-9950

As long as you have 2 years previous employment and can show proof of income, then you should have no problems.

As long as you have 2 years previous employment and can show proof of income, then you should be fine.

Myplayx -- You should be fine - you would want to talk to a lender that can analyse the employment history. I see advice from Brokers that say don't use "Big Banks" and advice from Banks that say don't use "Brokers." You are smarter than that, you want to use some one who will talk to you on the phone or in person and answer your questions and has all loan types available. For instance you are in Monroe and likely qualify for a Rural Development loan - these loans have lots of advantages. I am in Lansing and can work with anyone in the State and have several times, but there is an advantage to using someone closer to you in Monroe. I do know some great lenders down there. If you would like to call me for a quick consult, I can direct you in the right direction. Good luck - your question can not be completely answered on a forum like this - your next step it to speak to someone on the phone and have an interactive conversation about your specific situation. Mike Silkworth - 517 489 2328.