I've been renting all of my adult life, and am about to look into buying a house. Yesterday I picked up a mortgage application from Bank of America, and am going to take it back today with all of my information.
I feel that all of my information is good enough to guarantee my request of a 350k mortgage, but I had a question about my job. I know when applying for a mortgage you have to have had a job for the last 2 years. My last job I got laid off from, I had worked for 3 years. I had a job before that I had worked at for 5 years. I got laid off the 3 year job about 10 months ago, but got a new job 2 months later which I still have. Will this job history affect my ability to get the mortgage? Experiences would be appreciated, but please tell me if I have to worry or not. Thanks