My blogging on mortgage
While you may think that simply having a good job will entitle you to home loan approval, it's a bit more complicated than that. Lenders will also look at the length of time you've been with your current employer (or at least in your current field). A record of steady employment (that is, at least two years in a company or field) is a good way to show home loan lenders that you're a safe bet. After looking into your employment history, your home loan lender will then look at how your income compares to your debts after your new mortgage payment has been added in. Paying off as much debt as possible before applying for a home loan is a good idea.