can a bank lend house loan who are unemployed??My wife and I are thinking of moving from Portland,OR to Spokane,WA. Neither one of us has any employment prospects yet there but would like to move to Spokane, because we heard a lot about affordable properties compares to Portland. I had worked at same company for 8 years but left just few months ago. We have lived in existing house for 2 years and never had late mortgage payment. I believe our credit rating is good. We need to sell the house first before the move and was given a compensation package from former employer with eligiblity to receive unemployment benefit. We both liked a particular house we saw on zillow's listing asking for $59,900 and possibly be able to put 20% down payment upon selling of our house here in Portland. The question is can we still be able to obtain housing loan with unemployment benefit or are there other factors or criteria banks look for in when applying for housing loan...? August 07 2012 - Spokane0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.