If you’re buying a home in the Seattle area right now, there’s a good chance this thought has crossed your mind: What if I lose my job before we close?
It’s not an irrational fear. Tech layoffs have been real and visible, economic uncertainty is genuinely elevated, and buying a home is one of the largest financial commitments most people make. The last thing anyone wants is to be mid-transaction when bad news arrives.
The good news: there’s a lot more nuance here than most buyers realize — and understanding what lenders actually look for can help you make a more confident decision. [Read more…]
If you work at Amazon, Microsoft, Google, or any of the hundreds of tech and corporate employers in 
If your paycheck includes more than just a base salary — a year-end bonus, regular overtime, or commission — you may have more mortgage qualifying power than you realize. Variable income is usable for mortgage qualifying, but the rules around how lenders calculate it trip up a lot of buyers at the preapproval stage.
