Will I be able to secure a mortgage in one state if I'm currently employed in another?

Yes you can... mortgages are based off of where the property is located not where the borrower lives.

A lot of info is missing.. There are many people who are employed by a company whose headquarters are in one state, and the employee works in another state.. There are also folks who live on a border to another state, they live in one, and work in another. This is not a problem, but the lender will ask for a letter of explanation.. If you live in CA for example, but you work in AZ, 200 miles away, for 4 days per week. While working in AZ, you rent an apartment. At the end of the work week, you drive back to CA for 3 days. Some lenders will consider your working residence (AZ) as your primary residence since you are there 4 days a week and only home in CA 3 days a week.. Your primary residence is the home you spend the most time in... So getting a mortgage could cause a problem since you would have to be purchasing it as a 2nd home, rather than your primary, and lending programs vary for 2nd homes vs. primary residences.. But, again, just speculating here since your question is not clear.. 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

You can. What is it exactly that you are looking to do?

You must get a loan from a lender licensed to do a loan in the state where the property is located. That does not mean that you have to go to that state to get it. From a practical standpoint, it may be easier to work with someone that knows the area you are buying in. There is no reason to feel that you have to use someone close to you. So much of what we do today is done via email and secure document transfers. Five years ago 100% of by business was face to face. Today over 95% is done using technology. I would recommend that you work with a Mortgage Banker/Broker that is local to the property, rather than one of the big banks or big national mortgage factories. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. We have access to loan products of MANY lenders, not just those of ONE bank, and can properly guide you. But more importantly, we are trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Yes you can. Depending on the situation you might need to designate it as a 2nd. home. The loan would have to be in the State the property is in. Give me a call I should be able to help you. 888-320-7888 - Ken

Yes, the mortgage loan would have to be originated by a mortgage professional licensed in the state the property is located in though, rather than the state you are living in.

Yes you can.