I was in the navy from and plan to use my VA loan to purchase a home. In the last few years I have worked all except for the last year. I quit because my husband made enough for us to live off from the navy. Very recently we got divorced and I moved to another city. I just got another job and the pay is better than my last job from over a year ago. They are both office work. I have an excellent credit score and very little debt. I wanted to know if I would be able to buy a home and get qualified for a mortage w/ the less than 2 years of consistant job history b/c of my year gap inbetween jobs. Thanks for any information you can give me. by beckye1125 from Eustis, Florida. May 1st 2011
James Sharp (james.sharp)
The job gap will not be an issue with a letter of explanation in regards to your divorce and that your were a housewife. I can connect you with a licensed loan officer that knows VA loans if you are interested.
Lee Eisenberg (Lee@Lemort.com)
I would be happy to assist, what state are you looking to buy in?
Tom Stevens (Thomas.Stevens)
Hi! Thank you for your service in the Navy. As long as you are not self-employed or a contract (1099) employee and the type of work is similar as you said it was then only one paycheck would be needed. If you are paid commission only, self-employed or starting a new career in which you have no experience then the 2-year rule would apply. I offer VA financing in 50 states - please call or email. Thomas.Stevens@Flagstar.com 781-862-0585 x223
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