1-954-667-9110

How long do you need to have a job to get a mortgage?

SELF EMPLOYED MORTGAGE LENDERS QUESTIONS AND ANSWERSCategory: Bank StatementsHow long do you need to have a job to get a mortgage?
shaamrock Staff asked 1 year ago

For all primary home purchases mortgage applicants will need to prove stability in the same or similar line of work for  at least two years. Tow years of stable reliable is usually the benchmark to prove stability. If you are using income from bonuses, overtime, commission or self-employment income or a second, part-time job for extra earning, you’ll need a 2 year history average to qualify the income.

NOTE: We have mortgage lenders that will accept 3 or 12 or even 24 months of bank statments for income if you can verify you have been in the same line of work for 2 or more years.

 

 

Latest pages

About Us

We are US Mortgage Lenders. Major real estate brokerages regularly entrust their clients to our team due to our reputation for transparency, delivering on time, customer satisfaction and loyalty. With five-star customer reviews on Zillow.com and counting, you’re assured of having the backing of an experienced team.

Show Buttons
Hide Buttons