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Updated about 4 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Quota Thornton
  • New to Real Estate
  • Baton Rouge, LA
2
Votes |
25
Posts

Pre-Approval Questions and Concerns

Quota Thornton
  • New to Real Estate
  • Baton Rouge, LA
Posted

Hi everyone! I have a question about the pre-approval process and what I should do as far as getting pre-approved for a mortgage. Right now with the job I have, I gross upwards of 65k but I’m getting ready to leave this job to start one where I’ll be close to, if not in, the 6 figure range. As far as getting pre-approved for a loan, should I use my salary from my current job? I’m assuming I’ll be able to afford less house or should I wait until I’m on the new job, work there a few months and use the salary from that one so I’ll be able to afford more house? What do you guys think? I know there are other variables when it comes to pre-approval but I’m only thinking in terms of my salary with this question. 
Thanks! 

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