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Honda Hank
Posted 10/27/2010 6:26 PM (#2039)
Subject: ---
Posts: 1
My daughter has been preapproved for a mortgage by Wells-Fargo. She currently resides in New Jersey but will bw starting a new job in North Carolina before the end of the year. She currently lives with me - does not own a home. Does she need to establish her new job for thirty days before purchasing a home there? Have been told if she purchased before then it would be considered a vacation home and would require 20% down. Is this acurate?

Thanks
Hank
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