Most lenders require two years of stability, in residence and employment, especially if you are self -employed. Your past payment history on loans and credit cards reflect upon your willingness to pay further obligations.
Some lenders require a perfect payment history for two years or more.
Bankruptcies and foreclosures require four and seven years respectively. We do have several lenders that will lend to you even with these problems . The down payment or the amount of equity in the home is a major consideration in the interest rate and terms available for a loan. Whether you have a lot of equity, down payment or none at all, we have many programs to fit your needs. Landmark Lending Patrick Pulatie 419 Mason Street.