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How strict are FHA employment requirements?

Can i get an FHA loan if I've only been employed for 9 months? I've heard that the minimum is 2 years by IMalcolm from Manahawkin, New Jersey. Jan 8th 2013 Reply


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

It really depends on several factors.. if you're a recent college graduate, and your working in your field of study, then you can use that education as part of your continuation in the same field, and you should be fine.. The lender will require a 2 year work history, not 2 years on the same job.. So if your current job was 9 months, and your previous job was 2 years, you will be fine.. if you have never had a job before, and you're not a college graduate, then you will need a 2 year work history to apply.. 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

Jan 8th 2013
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Ken Burrows (mortgagesforamerica)
#19 ranked lender in Nevada - 572 contributions

Yes we can finance you with 6 months of employment. Get into touch with me to go over your options. P: 888-320-7888 - www.MortgagesforAmerica.org - Ken Burrows

Jan 8th 2013
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Jamie Edwards (JamieLynn)
#37 ranked lender in New Jersey - 13 contributions

Shouldn't be a problem at all. Especially if you were previously in school for your current job. Most loan programs require that the last 2 years of employment be verified, so that's anything you've done in the past 2 years. Feel free to call me if you have further questions. 856-853-1234.Jamie

Jan 8th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Every situation is different but from the info provided you should be ok. FHA actually only requires 30 days paystubs but talk to one of the guys above that have commented and they will be able to help you.

Jan 8th 2013
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Malcolm,It depends on what your overall work history and personal history is. You can call us to discuss your situation and we can tell you what you can get approved for now or if you do need more time on the job. Call us at Team Best Mortgage Option 201-962-3555

Jan 8th 2013
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If you were in school the prior 2 years or working elsewhere you should be fine. If there were bigs gaps of employment then it will become more difficult. I can over options and discuss a lenders credit for closing costs with you.William Turano Mortgage Master Senior Loan Officer NMLS #247916

Jan 8th 2013
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Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions

The answer is YES! Other factors than employment are taken into consideration such as credit history, housing history, debt to income ratio, reserves, etc. The easiest way to get a true and accurate answer is to apply and have your file run through Automated Underwriting. I would be happy to do that for you very quickly. Feel free to reach out as others usually do by visiting my profile and sending me a direct message. Good Luck!

Jan 8th 2013
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