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How long do you have to work to secure a va loan?

by christiy_chris2121 from Idaho Falls, Idaho. Sep 6th 2013 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

The answer depends on what type of work. Generally speaking, all loans do a two-year look back. What have you been doing the past two-years. If you've been employed full time at a hourly or salary job, it is pretty easy for the lender. If you just switched from one hourly or salaried job to another, it is pretty easy. If you've been out of work for more than six months, you need to be at your new job at least six months. If you are self-employed, commissioned incomes, or tipped income, you need to be at the job a minimum of two-years so we can income average. This quick reply doesn't cover every possibility, so contact a local Idaho mortgage broker for more information. www.MetzlerMortgage.com

Sep 6th 2013
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Lenders require you have employment and you have the ability to prove your income.. certain guidelines are looked at for every type of scenario.. If you've been in college for the last 4 years, and only worked part time, however you just graduated and accepted a job offer where you will be working in your "field of study" , then your college tenure is an acceptable substitute for work history.. you can apply once you get your first check.. however if you have been a stay at home mom for 2 years, and now your back working, then the rules are different.. so many different scenarios, without looking at yours, it's hard to see what is required for you.. but stop guessing and contact a local mortgage broker and apply.. once they see everything, they can tell you right there if you qualify or not.. 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

Sep 6th 2013
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Ken Burrows (mortgagesforamerica)
#19 ranked lender in Nevada - 572 contributions

We require at least 1 month of paystubs.

Sep 6th 2013
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Jack Cyrul (Jack Cyrul)
#4 ranked lender in Michigan - 94 contributions

Just need a pay stub and not be on probation. Jack C 734-395-9027

Sep 6th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

One month, with evidence of stable future income.

Sep 6th 2013
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