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Can I qualify for a mortgage? Work-history abroad, no debt, one year out of college?

My wife and I would like to purchase or build(self-contract) a small condo or home in Utah ($120-170k) in the coming months, but I am not sure if we would qualify for a mortgage or new construction mortgage. 

Here are the facts:

- I have an 8 year part-time work history, which ended in 2012, in Canada making $25,000 per year.
- We both graduated from College in April 2012 with no student debt
- I worked in Austria for the United Nations on a one-year contract from July 2012- July 2013
- We have no other debt and about $20-40k to use as a down payment

What are the chances that we could qualify for a traditional mortgage? a new construction mortgage? and could we get a low rate for either?
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June 08 2013 - Lehi
We think we've answered this question for you!
 
 

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Click on the "Mortgage Rate" tab above, type in the zip code you are interested in, contact a couple of the Loan Companies that come up in your zip code and go over your questions with those local lenders.  
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June 08 2013
You really sound like you are in a good position from what you have said. Having almost 30% down is good by any standard.

I work with a few mortgage lenders here in Salt Lake that are very good at thinking outside the box to help people in your type of situation.

You can go to my profile to message me and I can give you their information if that is something you would be interested in.

Darren Watson
Realtor
Equity Real Estate
Utah
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June 08 2013
The one piece that is missing is what will your job be here in Utah?
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June 08 2013
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So Josh, your best advice is to ask someone else the same question they just asked?
Solid advice for a real estate agent trying to answer a mortgage question...
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June 08 2013
 
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Can I qualify for a mortgage? Work-history abroad, no debt, one year out of college?
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Underwater on mortgage for condo, but need something bigger.
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