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Return to US and buying house

Posted: Sat Oct 06, 2012 3:12 pm
by r2p2007
I am currently in India and planning to return to US in few months. We have been in India for last 2 years and working in a US-based firm. Plan to return back within the same firm or another. We plan to buy a house right away in US. Will there be any problem getting a mortgage and buying right away? Credit history, etc is all good.


Thanks.

Return to US and buying house

Posted: Sat Oct 06, 2012 8:09 pm
by Chakraan
Yes , the mortgage company will ask for last 6 months pay stub,last two years of tax return, will look for continuous job for last 3 years.

Getting approval for loan is difficult now a days.

Some bank may give you if you put heavy down payment but the rate will be slightly higher.

Best of luck.