How Do New Lawyers Get Mortgages?
I’ll be graduating in June. Although start dates have been pushed back, once I start I would like to buy a condo. Does anybody know how a First Year Associate goes about getting a mortgage? In particular, how do you circumvent the problem of having your income look like its only the 35K you earned over the past summer? Do most large law firm’s have lenders with unique loan qualifications/processes for attorneys? Am I screwed?
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