A conversation with an experienced mortgage professional can help you determine if you qualify for a mortgage loan. The general qualifications are as follows:

• Steady employment history, you have worked at the same job or in the same industry for at least two years. College or vocational school count towards employment history for mortgage purposes.
• Cash reserves, you must have enough money for down payment and closing costs in a verifiable depository account for 60 days. Some programs allow a gift from a family member.
• Credit history, you must generally pay your bills on time. You should not have unpaid collection accounts or consistent delinquencies on your credit report.