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You’ve likely heard you need a 2-year job history to get a mortgage.

It’s true – but that’s not the whole story. You can get a mortgage if you don’t have a two-year job history. It’s not an automatic reason to decline a loan, so don’t give up until you know the truth.

Lenders want proof of your creditworthiness (good credit) and the ability to repay the loan (income). But many factors make up both situations; it’s not a one-size-fits-all approach.

Let’s look at some scenarios.

Did the pandemic wreak havoc on your credit score? You aren’t alone.

The good news is that credit scores are fluid. Just because your score fell now doesn’t mean it will stay there forever. With a few simple steps, you can bring your credit score back up where you need it.

You want to buy a home but the thought of paying Private Mortgage Insurance doesn’t thrill you. If you don’t have the 20 percent down payment, though, you don’t have much of a choice, unless you use the piggyback loan option.

Did you know there are more reasons to buy a home than just to call a place your own? Of course, that’s one of the largest reasons – who wouldn’t want to own their own home? But there are many other reasons you may want to consider it, whether you currently rent or are thinking of buying another property.

Credit cards often destroy credit more than they build it. They are too easy to use and fall under the spell of the ‘minimum required payment.’ If you’re thinking of buying a home soon, you need to maximize your credit score, which in some cases means building a credit score.

Rather than relying on credit cards, try these unconventional methods.

There’s one factor that stands between you and your dream home – a pre-approval. Most sellers won’t accept a bid without it. That’s right, you could lose the bid on your dream home if you don’t secure a pre-approval first.

That’s not the only reason – we’ve got 5 total reasons why getting pre-approved is the key to buying your dream home.

You hear all the time that you need a 20 percent down payment or you pay PMI (Private Mortgage Insurance). But, that’s not always the case. There are a few ‘sneaky’ ways around it, helping you save money monthly and over the life of the loan.

If you’re thinking of buying a house in the next 6 – 12 months, it’s time to prepare your finances. Getting a mortgage is easy when you have your finances in order. The more you prepare now, the easier it will be and the better terms you’ll get because you’ll have exactly what lenders need.