The Future of Buying a Home

What the market shakeout means for everyone is that lenders will be returning to an old fashioned model of lending. You will need to establish a solid work history with stable income for a reasonable time period. Your credit needs to be in good shape and ideally you’ll need to put some money down. No down will still be available through FHA and certain Fannie Mae and Freddie Mac programs but if you can’t establish income and employment then you’re out of luck.