I plan to buy a home in Florida next year. I’ve been working in the healthcare industry for 2 years now and I was told that I should work in the same industry for a longer period and make more money to qualify for a mortgage. Is this accurate? by pierce29 from Apollo Beach, Florida. Nov 8th 2021
That is not true. Rules have changed. You do not even have to work in the same industry if you switch jobs. The only guideline is that you must be on your new job long enough to show your new jobs paystubs. There is an exception to this rule if you have an offer letter. Then you could close on your new house right after you start you new job. I lend in CA, FL, IL, GA, NC, SC, & TN for residential loans, and lend throughout the country for commercial loans. We can go down to 500 scores for VA & FHA. Barclay Butler. NMLS 225269. www.barclaybutlerfinancial.com
Ask our community a question.