I get at least two questions a week about this from Realtors or borrowers…They have been told that a borrower needs two years of consecutive employment in order to qualify for a loan.
…Poppycock!
For conventional loans all you need is 30 days worth of pay stubs from an employment seasoning standpoint.
It’s true that FHA wants a two year stream of income, but they aren’t the only loan program in town!
If your concerned about this and you want to be pre approved for a loan – just contact me and I’ll take care of it for you.
Thanks for reading! …and, have a great day!
Brett