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There's that magic number again -- two years. This is usually the employment requirement for a conforming mortgage loan. You must have continuous employment for at least two years. Granted, there are exceptions to every rule. And we will talk about those exceptions in just a moment.
Your insurance broker can let you know how much this will be, and will provide a binder for you to bring to the closing. Stay in contact with your mortgage person. You must obtain a mortgage commitment letter before your financing period ends (usually about 30 days after your offer is accepted).Arrange for a mover.our offer on your new home has been accepted. These are the things you need to do between now and the closing date. Within the First 10 Days of Acceptance. Contact your mortgage person to apply for your mortgage.