Mortgage Question - Preapproved, but contigency holding me back

[Darian Berry]

Hi All,

I am currently a senior in college and will be purchasing an investment property upon graduation. I have already secured a FT job that I will be starting in June, and I will be graduating in May. I have talked with a lender and have been pre-approved, but since my job that I have accepted is contingent upon me graduating, my lender said that I cannot close until after graduation(I could go under contract before Grad and close after, but I am looking to still close sooner).  I would like to get started ASAP and be settled in before I start my job. I am able to afford the mortgage comfortably for a couple of months before I start my job.

Does anyone have advice on how I could possibly make this work? 

Thanks so much!

[Account Closed]

A hard money lender will be more flexible but it will cost more.  If you can handle the cost for a few months, then you can refinance with the bank once your job starts.