Changing jobs is a natural part of a long and eventful career. But if you’re trying to impress a mortgage lender, you need to know some of the basics when it comes to employment. The DiMora Team are real estate experts in the Novi and Northville neighborhoods and we know in most cases, lenders want to see documentation on your new job and income. Paperwork for a new job should be highly detailed and include your new title, new role and salary. But if you’re already in the process of applying for a mortgage, it goes without saying you generally shouldn’t change jobs in the middle of the process. Changing jobs in the middle of the process won’t just delay things but can potentially impede your ability to secure financing. Another smart alternative would be to secure mortgage loan financing then make a job change when you have a low-rate, low-cost home loan you can handle—despite any changes to your income. Check out below to see what sold in Crosswinds West in June 2016:
22104 Edgewater, Novi: 2 bedrooms, 2.1 bathrooms, 1,134 sq. feet, 1 car garage, Sold Price: $135,000
Crosswinds West Home Sold
June 2016
22286 Edgewater, Novi: 2 bedrooms, 2.1 bathrooms, 1,134 sq. feet, 1 car garage, Sold Price: $152,500
Crosswinds West Home Sold
June 2016
22215 Pondview, Novi: 3 bedrooms, 3 bathrooms, 1,134 sq. feet, 1 car garage, Sold Price: $160,000
Crosswinds West Home Sold
June 2016
Remember, too, a good credit score can help you qualify for the best terms and conditions on a mortgage. You can see where you currently stand by viewing your credit scores for free, updated each month. For more information on Crosswinds West, or similar Northville or Novi neighborhoods such as Highland Lakes, Country Place and Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.