How does my employment history affect my chances of getting a loan?

You definitely will need to explain that much time away from work...if you were unemployed during that time, as you say it was "between jobs" then that will be a factor too. It all depends on how well you can spin it to the underwriter but it will be a topic of discussion for you.

As you can see by the mixed answers that there's only one way to know for sure.. And that's to apply... Lenders typically will want an explanation for job gaps over 30 days.. Underwriting guidelines have specific rules in place for job gaps over 90 days... so it's not a slam dunk.. When there are issues in loan file, the loan officer tries to point out other positive "Compensating Factors".. Such as high credit score, lots of reserves, low DTI, etc... you have a low score, not sure how much extra $$ you have in the bank, and your DTI is "Decent"?... stop guessing and get with a qualified loan officer... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Gaps in employment over 30 days must be explained but gaps in employment for self-employed borrowers are not allowed. Thanks and best wishes

It should not be an issue in a wel prepared file. Joyce 301 915 5644

It might not be an issue with some lenders. You should talk to a mortgage broker that covers VA. All the best!

It will definately need to be addressed. Still doable. Is your new work in the same field?

Lots of great answers already, it really comes down to the rest of your file- how strong it is and what "compensating factors" you have such as credit (645 is pretty low in todays mortgage world but not necessarily a problem), amount of downpayment, reserves, debt ratio's etc. I'd be happy to work through your options from here in South Carolina. 843.343.6383 or pdumouchel@primelending.com

UNDERWRITING IS GOING TO WANT A BETTER ANSWER THAN TO TRAVEL, IF IT WAS YOUR MONEY WOULDN'T YOU?Matt ElstonNMLS Id # 69609Mortgage Loan Originator, AgSouth Mortgages office 803-324-1131, option 1 Shortel 2306 cell 803-493-1392 fax 803-328-9272 melston@agsouthfc.comfor US Mail delivers only to: P.O. Box 10941, Rock Hill, SC 29731-0941 our Physical Location / UPS / FEDEX / is: 1321 Springdale Rd, Rock Hill, SC 29730America's Lender of Choice for Ag, Land, and Rural Homes!Apply online at: www.agsouthmortgages.com