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by Anonymous on March 13th, 2007

Anonymous

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Can a person who is on workmans comp apply for a home mortage?

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Answers. 2 helpful answers below.

  • by captivereef on June 7th, 2007

    captivereef

    It is really up to the underwriter. I have written loans for the same situation. If you are not looking for 100% financing and your wifes income will cover the payments you shouldbe fine. You may need to have an explination written saying when you will return to work. Having at least 6-12 months reserves in a 401K or IRA account will help as well. you can read more at http://www.mkemortgage.net

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  • by JUSTNORMAL on March 13th, 2007

    JUSTNORMAL

    If you have money in the bank and a spouse who makes good money, plus excellent credit, why not?

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