Your source for mortgage loan
In addition to what you do, a lender will also examine the length of time you've been with an employer or working in a certain field. Two years with a particular company or working in a particular field will be considered steady employment, and will help you to present yourself as a good risk. After looking into your employment history, your home loan lender will then look at how your income compares to your debts after your new mortgage payment has been added in. It is always helpful to pay off as much of your debt as you can before you even start the home loan application process. Why? Because the lender will consider you qualified for a home loan only if he or she feels that you have enough money to pay payments with a certain level of ease.