30 days on the new job is all you need assuming it is a permanent full time job and you have a job history of 2 years.I've been helping first time buyers for 20 years.
2 years on the job or 30 days of job and balance in school www HOMEMORTGAGEXPERT.com
30 on current job with at least one paystub. Same line of work, (or work/school) for 2 years is ideal. Also income increasing with each job change is preferred. Conversely, have 2-4 jobs in 2-4 different lines of work is not so good.
BrandonIf you have 2 years in the same line of work you will need to have 30 days on the new job and be able to show this is full time job. If you are a recent graduate of a trade school or college with two years you will be able use 30 days on the job if it is a full time job. I have been assisting first time home buyers for over 9 years.
As others are indicating, 30 days on the job prior to closing with paystubs, and either a job history, schooling or good explanation for the rest of the past 2 years. Good luck, it is a great time to buy!
Your circumstances matter, did you just graduate, or just get licensed? You may only need 1 pay stub. Typically you will need a 2 year work history, but depending on your circumstances maybe much less. Call us or email us at 201-962-3555 or Team@BestMortgageOption.com for a no cost no obligation analysis of your situation.Ask for Michelle or Benny We will find the Best Mortgage Option to suit your needs!You can check us out at www.BestMortgageOption.com
Two years in the same line of work.
If your job history is stable (meaning same line of work and/or line of work is consistent with what you went to school for) you should be fine with 30 days of documented history/pay. Be careful though; this job needs to be your primary source of income (full time). Different requirement exist for part time income and self employed income. Be sure to get a referral to an experienced Mortgage Consultant.
30 days, plus 2 years, as other forum members indicate so well.
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