Hey! My husband and I are in the process (long, drawn out process, apparently) of purchasing our first home. We've got the house picked out (paint colors too), but the financing from our mortgage guys just fell through. Is there anyone that you can recommend as a mortgage lender? Basically what happened is that my husband quit his job as a mechanic 2 years ago to go back to school for business (he was tired of feeling hurt and sore all the time at the tender age of 25). He looked for a year and a half for part time work while he was going to school & finally found a job with a tire company. Since he is back working in the car industry, the bank denied us a mortgage since he's in the same industry. I'm not sure if they're unaware of current economic conditions and/or the fact that the unemployment rate stands at about 9%, but he took the first job he could get, not because he loves working with cars but because he likes to be able to eat, put gas in his car and have a roof over his head. And because I'm fresh out of grad school with a bunch of student loans, they won't finance me because my debt to income ratio is too high (no kidding...MBA degrees are expensive). So we were pretty much told "tough nuggies". Any advice/leads would be much appreciated.
"Always love. Don't wail til the finish line."-Nada Surf