Most people think you have to be at a job for two years to qualify to buy a home, this is incorrect.
Typically, you do need two years of work history, but not two years with the same employer.
Other variables such as someone being self-employed, or earning bonus income, can also have various timeframes that impact loan eligibility.
And there are other exceptions. For example, often people with fixed income can qualify for a loan without a recent work history.
With so many factors, it’s always best to apply early, so you know you are pre-qualified before your dream home comes onto the market.
If you have questions about qualifications for a loan, our team is happy to talk through different options.
“Whether you’re a first-time homebuyer or experienced homeowner, our team is committed to making your home ownership journey stress-free and easy for you.”
A Home Mortgage Lender located locally in Charlotte known for it’s customer satisfaction and efficiency.
Serving Charlotte, Cornelius, Huntersville, Matthews, Pineville, Fort Mill, Tega Cay, Rock Hill and surrounding areas with all their Home Loans, Home Refinance, Home Purchase, and Mortgage needs.