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No Job? No Problem! Students Can Qualify Too


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Today's article is a MUST READ if you or someone you know is currently in school and is interested in buying a home.

Believe it or not, there are a number of financial institutions who will consider education history in lieu of work history. In most cases, conventional banks like to see borrowers working in a particular industry for a minimum of 2 years.

The hurdle students’ face is proving stable work history. Because students tend to work part-time and typically jump from job-to-job during their schooling years, most lenders turn a cold shoulder.

I had a couple contact me last month to inquire about mortgage financing. They informed me that they were medical students who were interested in purchasing a home together in Vancouver. Because they were studying to be doctors, most of their time was spent in the library and so their gross incomes from their part-time jobs was a bit thin.

However, UBC Hospital had assured them employment after graduation and even though they were starting their new careers in a few months time; lo and behold, a bank was willing to consider their future incomes. Future income? wow what a deal! Their contracts with the hospital was sufficient to confirm their income, and they were approved for a mortgage scheduled to fund one month prior to commencing their new jobs.

I know, you're probably saying, “but I'm not a doctor!", right? Not to worry, many other professions will be considered in this case including: Dentists, lawyers, architects, massage therapists, chiropractors, physio therapists, tradespeople, and many more.

So, for all of those poor students out there, drink lots of coffee, keep studying and babysitting over the weekends because rest assured, you have future income to consider!

For more information, please visit

Hello, I'm Evan Soukas, your Mortgage Expert with Dominion Lending Centres and creator of the Easy Mortgage System. I specialize in helping individuals who are struggling to get the mortgage rates and loan amounts they deserve from their local banks.

I understand your pains and frustrations because I had to experience the struggles myself. There is an antidote however, a guaranteed system, which I have designed to eliminate your worries once and for all. It's called the Easy Mortgage System and it negotiates with over 100 banks to match your unique situation to a customized mortgage package that suits your budget, your lifestyle, and your financial goals at WHOLESALE rates across Canada.


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