How To Get A Mortgage Refinance Without A Job

The general rule with respect to home mortgage is to always refinance when interest rates drop.

On one hand we have record low interest rates; but on the other hand, we are having record high unemployment.

Gray Frame Corner
Gray Frame Corner
Gray Frame Corner
Gray Frame Corner

Low mortgage rates combined with high unemployment has led to a peculiar situation. The current low rates are as result of actions taken by the FED based on economic conditions.

If you are waiting for the economy to improve and get a job; will mortgage rates continue to remain low?

Gray Frame Corner
Gray Frame Corner
Gray Frame Corner
Gray Frame Corner

I am sure a lot of individuals are wondering how can I refinance a mortgage with no job? Refinancing without proof of income is not easy.

Can You Refinance  While On Unemployment?

Check if you have a willing family member to co-sign. If so, get copies of all credit reports and make sure you meet the 45% DTI ratio.

Family member  To Co-sign

Swipe Up To Read More

Swipe Up To Read More