David Saks: September 2011

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 1314

                                                           #1314

A rule of thumb for a lender when considering a loan application is that the borrower should have been continuously employed on the same job for a  minimum of five years.

Is this true or false ?

Take your time. The solution is posted below the wildlife photo.

wildlife

A. False

As a general rule the lending underwriter will prefer to see that the applicant has been on the same job for at least two years.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • September 19 2011 07:57AM
Real Estate Practice : Lesson 1314
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