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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/from-my-experience-you-can-have-all-the-assets-30840744.aspx

Subject:  Re: return emails- semi OT Date:  8/24/2013  1:27 PM
Author:  CCinOC Number:  126162 of 128075

From my experience, you can have all the assets in the world and without a regular income, getting a mortgage can be pretty difficult.

I really wish people who don't know what they're talking about would stop "advising" this woman.

Even in today’s economy it’s still possible under certain circumstances to get a mortgage without having a job. This, despite the fact that the housing crash of 2008 was mainly caused by people who had been given mortgages, even though they couldn’t afford them. In an attempt to continue to make the dream of owning a home a reality for as many people as possible, the government has pushed for new programs that make this possible. There are different types of mortgages for people with no job or ability to verify in