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Updated over 7 years ago on . Most recent reply

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Mike Francis
  • Hampstead, MD
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Other Lending Options for first time home buyers?

Mike Francis
  • Hampstead, MD
Posted

I have a house for sale where the interested buyers are a couple of months away from having the lender required pay-stubs. Both buyers are new college graduates, one with a masters degree with excellent credit, and both have signed employment contracts with the local school districts. All the conventional lenders say they qualify, but will not finance until pay-stubs are received, probably mid-September which is about 3.5 months away. Are there other options out there for new home buyers who are only a few months away from having all the technical 'rubber stamp' items a traditional lender requires?  

Thanks in advance.

Mike from Baltimore

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