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buying a home

can u buy a house while getting unemployment

Answer Question
 
Anonymous

Asked by Anonymous at 3:13 PM on Jul. 14, 2009 in Just for Fun

Answers (9)
  • i dont think so
    scooterpooter

    Answer by scooterpooter at 3:15 PM on Jul. 14, 2009

  • if you have the money for the down payment and the money for the mortgage then yes
    since you have unemployment tho id wait to get a job so you dont lose your house
    Anonymous

    Answer by Anonymous at 3:16 PM on Jul. 14, 2009

  • why would you want too
    Anonymous

    Answer by Anonymous at 3:17 PM on Jul. 14, 2009

  • I doubt it. You have to show your sources of income, and how long you've been employed at your current job, and I highly doubt any bank would be willing to give a loan to someone who doesn't have a job or any income other than that provided by the government.
    StefanieN84

    Answer by StefanieN84 at 3:18 PM on Jul. 14, 2009

  • If you SO has a good job, then you being on unemployment might not matter....or visa versa if you have a job and SO doesnt.
    MommyLee08

    Answer by MommyLee08 at 3:21 PM on Jul. 14, 2009

  • There's not a bank in this world that will hand you a loan or morgage without a job. Come on smarten up pls why ask a stupid question.
    Anonymous

    Answer by Anonymous at 3:22 PM on Jul. 14, 2009

  • i don't think a bank will approve your loan...

    unless you have enough to pay for it in full, then i don't think it matters
    Anonymous

    Answer by Anonymous at 3:23 PM on Jul. 14, 2009

  • nope have to have at least 6 months with study income. we were wanting to buy a house then my hubby got laid off and when we called the loan company to to tell them we were gettin uneploment they said ok we are with drawing your app gotta work one year at new job but best if you wait a year and half after working to re apply..i was like man this bites and now my hubby making $5 more an hour and was only out of work less than a month
    Anonymous

    Answer by Anonymous at 3:24 PM on Jul. 14, 2009

  • depends on if it is standard for the industry in which you are working...typically like union jobs
    mamakirs

    Answer by mamakirs at 3:45 PM on Jul. 14, 2009

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