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Starting Out
HomeForumsStarting OutDo you need a salary to get a mortgage?
Hannah Costello's profile image
Hannah Costello's profile image
Hannah Costello
  • Real Estate Agent
  • from Greater Philadelphia Area
  • Member since Jan 23, 2020
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Hannah Costello's profile image
Hannah Costello's profile image
Hannah Costello
  • Real Estate Agent
  • from Greater Philadelphia Area
  • Member since Jan 23, 2020
Connect
Hannah Costello
  • Real Estate Agent
  • Greater Philadelphia Area
7
Votes |
34
Posts
Starting Out

Do you need a salary to get a mortgage?

Hannah Costello
  • Real Estate Agent
  • Greater Philadelphia Area
Posted Jan 23 2020, 10:28

My goal is to get my first property by the end of 2020. I would like to house-hack a multi-unit home and use an FHA loan, but unfortunately I just lost my job. Do you need a salary to qualify for a loan? What if you have the money down for a house but at the moment no definite income, are there ways to get around having a salary to get your first mortgage?

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