Mortgage With Short Employment History

How to Get a Mortgage With Short Employment History

Gustan Cho Associates are mortgage brokers licensed in 48 states

In this blog, we will discuss and cover getting a mortgage with short employment history and employment gaps. Most mortgage programs require applicants to provide two-year employment history. That means supplying a pay stub showing your year-to-date income as well as W-2 forms covering two years of employment. 

A two-year employment history does not necessarily mean two consecutive years at the same job. You can have gaps in employment and/or multiple jobs in the most recent two years and still qualify for mortgage approval. If there are gaps in your most recent two years of employment, you’ll need to disclose your prior job history.  Suppose that you’ve had your current job for a year. And that before that, you were out of the workforce for a year. And before that, you had a different job. You’ll need to go back three years to come up with a two-year job history on your mortgage application. 

In some cases, you can have as little as 12 months of employment history and still qualify for a home loan. Suppose that you graduated from college and began your career a year ago. Some programs will count your last year of college as work experience.

Mortgage With Short Employment History With Less Than Two Years

Applicants with gaps in their employment can qualify for a mortgage. It’s not uncommon for people to exit the workforce to go back to school, have a child or deal with medical issues. These things don’t have to prevent mortgage approval as long as you can show three things: that your income is sufficient to qualify for a mortgage, that it’s reliable, and that it’s ongoing. If you can demonstrate those things, you can get approved for a mortgage with employment gaps. 

Related: How to Write a Letter of Explanation for Employment Gaps

Mortgage Guidelines on Gaps In Employment

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There are rules and regulations when it comes to gaps in employment. Homebuyers can qualify for a mortgage with a full-time job that has not been seasoned for two years. You do not have to be employed on the same job for the past two years prior to applying for a mortgage. You can have multiple jobs in the past two years. You can also have gaps in employment in  the past two years.

If your employment gap is six months or less, you’re eligible for most mortgage programs if you have a full-time job and can provide pay stubs covering 30 days of wages. If you have been unemployed for six or more months, then you’ll have to work for at least six months at your new job before most lenders will consider you for a home loan. 

It’s a good idea to prepare an explanation for long or multiple employment gaps. If you lost a job through no fault of your own or left the workforce as part of a plan, informing your lender can only help your cause. Lenders that require borrowers to be employed on the same job for the past two years of applying a mortgage are not going by the agency guidelines. Lenders can have overlays on requiring borrowers be employed on the same job in the past two years. Speak With Our Loan Officer for Mortgage Loans

Can I Get a Mortgage With a Part-Time or Second Job?

In order to use part-time income or second full-time job income, you normally need to work your part-time job and/or second full-time job for at least two years. You’ll provide pay stubs with year-to-date information as well as two years of W-2 forms.  Lenders normally average income from part-time, seasonal, or hourly work as long as it’s stable or increasing.

Borrowers with multiple part-time jobs can use the cumulative total of all part-time wages for qualified income if they had been on the part-time jobs for two years. Part-time jobs that have been seasoned for two years or longer can be used to qualify for a mortgage. 

If you have two full-time jobs you want to use to qualify for a  mortgage, you need to have worked on both full-time jobs for two years. You can use one full-time job but if you are working two full time times, you need to have been working both jobs for two years.

Can I Get A Mortgage With Declining Income?

If your income has declined, lenders will want to make sure that your earnings are stable. and your job is safe. How healthy is your company? Your industry? Your position? If you earned less because you chose to work less, explain this. If you have good information about your company’s earnings, your performance reviews, or anything that will convince a lender that your job is safe, make sure your lender gets it. 

How to Get a Mortgage With Short Employment History

Will Lenders Count My Higher Income After a New Promotion?

If you are paid hourly and your hours vary from week to week, lenders average your income over the last two years. But if your hours per week do not vary, your lender calculates your income based on your higher hourly rate. If you are promoted from hourly to a full-time salaried position, lenders do not average your income. They use the new salary. This holds true as long as the full-time status can be verified through an employment offer letter and/or verification of employment.

Can I Get a Mortgage With Multiple Job Changes?

If you’re a job-hopper, lenders will look closely at your employment history to make sure that your income is stable and ongoing. Multiple job changes are not necessarily bad. However, the nature of the jobs you choose can help you or hurt you when applying for a mortgage. Bob has had four jobs in the last two years. He worked as a personal trainer for six months, then in a coffee shop for nine months, then drove a cab for three months, and has worked in his current job in a retail store for five months. 

When underwriters evaluate employment history and income, they look for stability through the past work history, and the likelihood to continue employment. The likelihood for continued employment for the next three years will determine the borrowers’ ability to repay their new housing payment.

Bob’s income has declined slightly and he has a one-month employment gap. This could hurt him if there are any other weaknesses in his file, such as a low credit score. Beth has also changed jobs several times. She started as a restaurant server and then moved into the business office as a bookkeeper. She was promoted to an accountant after a year and then changed companies to take a similar position with a higher salary. Job changes are viewed as positive if they come with increasing responsibility and/or pay.  Click here to get a mortgage with multiple job changes

Can I Get a Mortgage With a Recent New Job?

You can get a mortgage with a new job if you did not have a gap exceeding six months. You just need to receive your first paycheck within 30 days of closing your loan. You’ll submit your offer letter from your employer when applying for a mortgage. It should specify your job title, start date and pay. The lender will probably also verify your new job directly with your employer. 

Related: Job Relocation Guidelines

Can I get a Mortgage With a Short Employment History?

Most mortgage programs require at least 2 years of employment history. However, you may be able to qualify for a mortgage with a shorter history if you have “compensating factors” that make you a more attractive borrower.

Supposing that you’re a recent college graduate and you’ve been at your first job for a few months. If you are working in the field for which you trained, your education will usually count as work experience.

New grads usually have little trouble with mortgage eligibility even in new jobs. If you have a recent job change and you’re in a different field, write a letter explaining how the two obs are similar and how the change enhanced your career prospects. For instance, if you worked as a journalist and switched to advertising,  Keep in mind that the above only applies to salaried, full-time work. You’ll likely need at least two years of reliable income if you mainly earn bonuses, overtime, commission, or self-employment income. And if you take on a second, part-time job for extra earning, you’ll need a two-year history for lenders to consider it.

Mortgage With Short Employment History Questions? Leave it to Us

Homebuyers who need to qualify for a mortgage with a national mortgage company licensed in multiple states with no mortgage overlays on government and conventional loans, please contact us at apply now. 

Gustan Cho Associates are mortgage brokers licensed in 48 states including Washington, DC, Puerto Rico, and the U.S. Virgin Islands with over 210 wholesale mortgage lenders. Over 80% of our borrowers are folks who could not qualify at other mortgage companies due to the lender having overlays.

Gustan Cho Associates has a national reputation of being able to do mortgage loans other lenders cannot do. We have a no lender overlay business platform on government and conventional loans.

2 Year Employment History Mortgage Guidelines

There are mandatory 2 Year Employment History Mortgage Guidelines required by all borrowers. To qualify for mortgage loans in the United States, lenders require a two-year residential and 2-year employment history under 2 Year Employment History Mortgage Guidelines. Mortgage Borrowers do not have to have a 2-year employment history with the same job to qualify for a mortgage. Borrowers can also have gaps in employment as well as employment in different lines of work. But all borrowers do need an overall 2-year employment history.

Case Scenario of Mortgage With Short Employment History With Multiple Jobs

For example, let’s take a case scenario:

  • if the home buyer were employed as a cook from January 2016 until January 2017
  • has been laid off until July 2017
  • But starting a new line of work in July 2017
  • Is still currently employed with the job they started in July 2017
  • This borrower will qualify for the 2-year employment history mandatory requirement even though they had a period of employment gap and have changed lines of work
  • What lenders are looking for is two-year overall employment history and NOT the past two years of straight employment

Besides a 2-year employment history, mortgage lenders require a two-year residential history as well.

Exception For Mortgage With Short Employment History

There is an exception for not having a 2-year employment history for prior full-time students. Homebuyers who have been in schools such as a technical school, junior college, college, graduate school, or professional schools such as dental, medical, business, or law school can use their full-time period in school in lieu of employment history. In lieu of the two-year history, lenders can take college transcripts, and the time they were in school is counted towards work history. For example, say a high school graduate goes to college for 4 years. He then goes to medical school for another 4 years.

Mortgage With Short Employment History For Recent College Graduates

Let’s just assume that the student does not have a job and does not have any work experience. The student graduates from medical school and gets a new job making $100,000 per year. This medical student will qualify for a mortgage. Needs to provide an offer employment letter. 30 days paycheck stubs prior to CTC as a doctor. The prior two years he has been a full-time medical school student will be counted towards his 2-year employment history requirement. Click here to get a mortgage with multiple job changes

Recent Immigrants And Those Who Just Got Green Card

There are cases where people have lived in this country illegally where they just got their green card. These folks may have been employed by an employer and have gotten paid cash in lieu of W-2 or 1099 wages. Then they get a green card and continue on working for the same employer but now get paid via W-2 wages and gets taxes deducted from their employer.

Technically, they do have a two-year employment history. However, the work history that they have worked for their employer where no income was documented does not count. It cannot be used towards the mandatory 2-year employment history requirement due to the fact that no taxes were deducted and the fact that they were in this country illegally.

What Is a Short Work History on Mortgage With Short Employment?

The 2-year employment history time clock starts the date they have gained employment legally and their income is reported to the Internal Revenue Service. These folks cannot qualify for a residential mortgage loan until they have 2-year employment history documented.

Borrowers can qualify for a mortgage with short employment history. You do not need a two year work history with the same job to qualify for a mortgage.

There is an alternative finance program for those illegal residents who have just gotten a green card or for those homebuyers who just came to this country. It is a portfolio mortgage loan program called the expatriate portfolio mortgage loan program and is available to qualified mortgage loan borrowers.

Expatriate Mortgage Loan Programs

For those illegal immigrants who just got a green card and are legal to work and those new immigrants who just got a job in this country, the Expatriate mortgage loan program is probably the only program that they will qualify for. However, lending standards and guidelines are tough.

The expatriate mortgage loan borrower needs to put in a 20% down payment. Need to provide proof that they are employed by a U.S. Company. Show proof of income from a U.S. company. The maximum debt to income ratio is capped at 43%. The expatriate mortgage loan borrower needs to show that he or she has assets and compensating factors.

A one-year reserve of principal, interest, taxes, and insurance is required besides the 20% down payment. The expatriate mortgage loan program is 30-year adjustable-rate mortgages. There are the 3/1 ARM, 5/1 ARM, and 7/1 ARM expatriate mortgage loan programs. Expats can refinance to a government and/or conventional loan after they have been legally employed in the U.S. for two years. Click here to get a mortgage with low credit scores

Frequently Asked Questions (FAQs)

  1. Can I get a mortgage with a short employment history?
    Yes, obtaining a mortgage with a short employment history is possible. Still, it may be more challenging and require additional documentation or a co-borrower.
  2. What is considered a short employment history?
    A short employment history typically refers to a period shorter than lenders typically prefer to see, often around two years of steady employment.
  3. How does a short employment history affect my mortgage application?
    A short employment history can impact your mortgage application by raising concerns for lenders about your stability and ability to maintain consistent income to repay the loan.
  4. Will I need to provide additional documentation if I have a short employment history?
    Yes, you may need to provide additional documentation, such as proof of income, employment contracts, pay stubs, and letters of explanation for any gaps in employment.
  5. Can I use income from a new job for a mortgage application?
    Using income from a new job for a mortgage application is possible. Still, lenders typically prefer a stable employment history with the same employer for at least two years.
  6. Will my employment history affect the interest rate or terms of the mortgage?
    A short employment history may result in higher interest rates or less favorable terms, as lenders perceive it as a higher risk.
  7. Can I qualify for a mortgage with a co-signer if I have a short employment history?
    Having a co-signer with a strong employment history and income may increase your chances of qualifying for a mortgage with a short employment history.
  8. What if I’m self-employed or have an irregular income?
    Suppose you’re self-employed or have an irregular income. In that case, you may still qualify for a mortgage. Still, you’ll likely need additional documentation, such as tax returns and profit/loss statements, to demonstrate your income stability.
  9. Should I wait until I have a longer employment history before applying for a mortgage?
    Depending on your situation, it might be advantageous to wait until you’ve established a longer employment history before seeking a mortgage. Doing so can enhance your likelihood of approval and enable you to obtain more favorable terms.
  10. Is it possible to enhance my likelihood of mortgage approval despite having a brief work history?
    Yes, you can improve your chances of mortgage approval by maintaining a stable income, minimizing debt, accumulating funds for a larger down payment, and collaborating with an experienced mortgage lender who can assist you throughout the process.

This BLOG on Mortgage With Short Employment History Guidelines Was UPDATED On March 29, 2024 by Gustan Cho Associates.

RELATED> How do mortgage lenders view income and employment history?

RELATED> Gaps in employment

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  1. Wow. This is not what I was told. I was told that I would need to be on a job for at least two years straight to be able to get approved for a loan. I am only 9 weeks short from being on my current job. I am trying to get one of my employers from years ago to verify me being on my job for two years, because with the jobs in-between the one I have now and the one I am contacting I was almost with that one for two years but it closed and we were laid off and the other I had to stop working due to hardship and I had to stay home with my youngest daughter who was a baby at that time. I have over 10+ years of work history. I am so frustrated and nervous right now because I am being told that I will need two years from a single employer. I have had a hard time trying to pull my W2’s from that long ago from the IRS because I can’t create an account. I have called employers and a lot are out of business. I am really struggling with this information and the loan will fail if I don’t provide it soon.

    1. You were told wrong. You can have gaps in employment in the past two years and have multiple jobs for the past two years. Your income is calculated with your current job and verification of employment from your current employer. Email us your contact information so you can get approved with us at Or call us at 262-716-8151 or text us for a faster response. We are looking forward to working with you and your family.

  2. Thank you for your quick response. My concern is that my gap is more than two years, it’s five years. We had a hardship at the time and I had to stay at home with my daughter who was a baby at the time. Would this still pertain to me? What do I need to produce to get them to approve the loan? It is in its final stages. If it does not work out I will definitely be contacting you. My husband and I together are about $7000 in monthly income. My VOE is the only thing holding us up for approval. I’ve been waiting for the company to send it back. I am so nervous.

    1. You can have a gap in employment for over ten years. It does not need to be within a two year period. You are going to be fine. If your current lender gives you a hard time, you can transfer your file to me and my team and we will have it done for you without any stress. Feel free to reach out to me and/or my team at Or call us at 262-716-8151 or text us for a faster response.

  3. Wow, I feel better reading this! I was told just the opposition by a “big” national lender. I have worked at a professional career for many years but had to leave my job for 5 years for a medical situation. I sought treatment, received supplemental income during that time which was much lower, and am now recovered and have been back at my career for the past year, doing better than ever! I’m making good money, climbing the ladder, paid off my current home and am ready to purchase a new one. But, two lenders that I have checked with said that they won’t back me because of my gap in employment, that no one would, that I have to have 2 consecutive years of employment. Trust me, if I could have avoided being ill and kept working, I would have! I feel like I’m being punished for something that was beyond my control. Perhaps you should give the “big” lenders some lessons.

    1. You are not going to have any issues with employment gaps. NO PROBLEM. You can have employment gaps in the past two years. We just go off the most current job offer salary from your most recent job and don’t care about the prior incomes and/or income tax returns. Feel free to reach out to us at or call us at 262-716-8151 or text us for a faster response. Looking forward to working with you and your family.

  4. Need a % down mortgage for a non conventional property in Elfrida, Arizona . Property has a main house w/ a small building that cod be used as office or small resident on 2 parcels for 82 Ac.

  5. We need to make sure you’re aware of how important these next few days will be. Massimo Ressa, the CEO of Loan Cabin, Inc. and the support staff and team at Loan Cabin support President Donald J. Trump. The goofy senile old Joe Biden and his whore dirty knees Kamala Harris and the Democrats has cheated big time. There is no way Joe Biden and Kamala Harris will step in the White House. Joe Biden wears a diaper due to his old age and should be checked in to a hospice due to his dementia and alzheimer. Kamala Harris should take a job as a hooker at the Mustang Ranch in Nevada. Joe Biden, Kamala Harris, and the FAKE NEWS media are all working together to convince the American People that President Trump has NO SHOT of winning this Election.

    Remember, if we let the Radical Left win…

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    And, they will appease SOCIALIST dictators.


    The stakes have NEVER been higher! YOU are the only thing that can stop them, which is why we need your help to send a STRONG message to the Left that America wants a FAIR and TRANSPARENT Election.
    Let’s get 1,000,000 signatures from Americans standing with their President and Vice President against the Radical Left.
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    We’re sending them a list of EVERY Patriot who steps up today. Make sure they see your name.
    Please add your name IMMEDIATELY to publicly stand with President Trump and Vice President Pence. >>

    Thank you,

    Team Trump 2020

  6. Good Morning;

    Currently, I’m in a Chapter 13 and want to buy a home with a VA Loan. I saw a video and you explain that if I have money in savings account that possibility exist that the trustee will required for me to surrender such savings. The Chapter 13 is for 5 years, Jan 2017 to Jan 2022, don’t have any debt or delay payments in my chap13 what you recommend. Currently I’m in the process of preapproval but if my savings are compromised I rather wait until is discharge!

  7. I read a lot of posts but the topic covered in this is the most comprehensive and found this blog very helpful. This is the ever best post I have search. The data and the purpose of this post is totally amazing and so much informative. I am satisfied and learned a lot from Gustan Cho Associates and about non-QM loans and other mortgage services. Thanks a lot for sharing it with us. I would definitely recommend Gustan Cho Associates to others. Thank you for sharing this valuable information with us. This is the ever best post I have search on the internet. I like to thank Jammi Cash, Michelle McCue, Alex Carlucci, Dale Elenteny of Gustan Cho Associates. I also like to thank Mike Richardson and Tammy Trainor of Capital Lending Network, Inc. for working so hard in getting me pre-approved and qualified with a non-QM mortgage one day out of bankruptcy. We are very happy that we closed on the loan just yesterday.

  8. I went from 6 years active duty to commission base income as a real estate agent. Is there a loop hole to qualifying since as of dec 2020 i have 18 months as a realtor?

    1. If you are a commission wage earner, then you need two years seasoning and tax returns to qualify for any loan program.

      1. This is False. I myself and other loan officers at my organization all got approved in 18 months on commission.

  9. Thanks for a nice post. I am in a continuous job for the past 14 years but was transferred to the International branch for 2 years. During those 2 years, I don’t have US w2 as the salaries were paid in local currency. I am with the same company for the past 11 years. will I have issues in getting the mortgage considering I DONT HAVE LAST 2 CONSECUTIVE W2s?

  10. Hi Gustan, We are looking to refinance about 350k on a house that is valued at $550k. My husband makes about $45k but I’ve stopped working since 2015 but I have a job offer to start this April. We own 2 multi use properties that have been paid off worth maybe 1.5 million and about $ 300k in retirement savings. I have about 28 years of continuous employment history and I can prove it through my social security statement. what are our chances of getting refinancing? Should I wait until April when I have a job?

    1. Maria, can you please reach out to us at or call at 262-716-8151 or text us for a faster response. Depends on the income and debt to income ratio. Looking forward to working with you and your family.



    1. Are you totally crazy have democrats brain washed you that bad have u bought gas lately or been to the grocery store also did you get that phony stimuluas check and now have to pay huge taxes biden doesn’t even know where he is ots embarrassing look up everything trump di compared to biden he did everything he said he did democrats tried everything to get rid of him cause he was trying to clean the swamp which is washington quit listening read listen to fox news they tell you the truth or say a prayer and ask God to show you. Democrats lie so much then they turn all rotten thing they do around & blame everyone else it us so bad they are even blaming high gas prices on putin. When prices were way high before putin. Why do you think bidens rating are at 38% it is sad that u are part of 38% because u are a follower. Don’t follow do research and think on your. Democrats are ruining U.S. have you ever seen it so bad? Our economy was q00% better with trump people had jobs taxes gas food was way less if Democrats get in again our freedom is over.

  12. Marisela, I agree with you. This is not a political forum and I am neither a Democrat nor Republican. I am apolitical and just report on facts and not fiction. Joe Biden has accomplished absolutely nothing during his 50 year tenure in politics. He has gotten rich from taxpayer dollars. He is in the final stages of dementia and alzheimer and should be in a hospice rather than the White House. In your opinion, what has Biden accomplished in the past 50 years in politics? Absolutely nothing. ZERO, NADA, ZILPO. With all due respect, I just report on facts and the facts say that Biden is incompetent to lead our country.

  13. I’m under contract with a new build, I’ve been working 2 jobs for 3 years all the way until September when I was Approved by the builder lender and signed the contract. I still have my full time job as a nurse where I been working for the past 4 years but my hours was cut on my part time. I would like you guys to look at my profile and see if you can help

  14. My 20 yr old son wants to buy he was in college in 2018 and part of 2019 worked part time at a restaurant for around 3 months while in school when he left school he got a full time warehouse job that lasted about 4 months then relocated out of state and now has been employed with same company 1 year as of this January, would he qualify ?

    1. We can help your son. He needs to be in his full-time job for six months as a full-time employee. Please reach out to us at Or call us at 262-716-8151 or text us for a faster response.

  15. My current home is a townhouse which I paid cash for and it’s currently worth @ $180K. I left my previous employer in 08/2018, relocated to NV from CA and took 18-months off from work. I started a new job in 02/2020.

    My credit score is @ 825 and my current debt is @ $1K. I never had a bankruptcy and have owned 3 other homes in the past which I sold and were paid off.

    What are my chances of qualifying for an HELOC to use as a down payment for another home which would become my primary residence? What are my chances of qualifying for a home loan with less than 2-years of current employment. I was in my previous job for 6-years and 6-months.


    1. Mortgage companies do not offer HELOCs. You need to consult with a local bank. You should have no problem securing a HELOC as long as you have been employed on your new job for six months if you had a gap of employment longer than six months before returning to your full time job.

  16. I want to refinance my home mortgage I spoke to AmeriSave Mortgage and everything looked good until they asked about my employment I have been working since May 2020 and before that I was in school and they flat out told me I had to be employed for 2yrs. I have been paying my mortgage for 15 years and have a second mortgage which I just learned that I have a baloon payment for that loan in September Chase just don’t care to help me and I have good credit score and never missed a payment. I am discouraged by these companies. Do you think that I would qualify?

  17. I am looking to refinance with bank statements (self-employed). Looking for a lower rate.
    House is worth $350K + bought house in 11/2019. The loan amount left is $230K.
    Income with profit loss is about $150-200K year

    1. You can qualify in minutes and get advice from one of our loan officers just by clicking the Prequalify Now link or by contacting Gustan by phone or text. Thank you!

  18. Good Afternoon
    I am currently trying to buy a house. Most of my local lenders had refused me a loan, because I have been in my current Full-time job for at most 10 months. I never have a gap in employment history; I previously hold two part-times for 14 years equivalent to a full-time. But I got tired of being exploited, then I found a new job last year with benefits. However, no one in Florida is willing to give me a mortgage to buy an house. I have been pre-approved many times, but Lender wouldn’t approve once I found the house. I felt that most Loan advisers are lacking of experience in the domain. For instance, my last loan adviser told me, “I’m sorry, the lender wouldn’t waive the two years requirement.”

    1. From what you are telling me, you are solid and meet both FHA and conventional lending guidelines. Let us help you. Please email us your contact information at or call us at 262-716-8151. Or text us for a faster response. Looking forward to working with you and your family and will get you an iron-clad solid pre-approval letter as long as we can get you an approve/eligible per automated underwriting system. The 10 months on your full time job is a non-issue.

  19. Fair credit, good income and some late payments – have 10 months of on time mortgage payments looking to purchase in next 6 weeks

  20. Looking to see what type of mortgage I may be eligible for. Chapter 7 will be discharged 60 days from 5/25/2021.

  21. I read a lot of posts. But the topic you covered in this is the most comprehensive and helpful. Want to apply for FHA Loan. Have a unique work employment history situation and want to see if I can get fully approved.

  22. Good afternoon, we are trying to get pre-approved so we know the maximum home price we can afford IN Georgia with Gustan Cho Associates.

  23. Otro punto para que se te pueda otorgar un crédito, es que debes ser muy real en cuanto a la capacidad de pago con la que cuentas, pues cuando pides una cifra a cualquier institución debe ser acorde a esto. Ya que solo así estarás seguro de que tu experiencia puede ser positiva y sobre todo que puedes pagar por el financiamiento o crédito.

  24. I appreciate the way you write I bookmarked this blog so that I can read it again in the future. Thanks for sharing.

    I read your article and see more questions on refi than first-time buyer, and info on after discharge. I’m in VA and am looking to buy for first time and am almost 2 years in after filing chapter 13. Do you have any references for lenders here?

    Mark Sanchez

  25. Hi I make hourly and commission and I have been at my current job for about a year and 2 months now. My credit is about 720 but my 2019 tax returns was not much due to a gap in employment. Does this mean I have to wait until next year to try my luck?

    1. As long as you are full-time, you can use your salary. Commission, you need two years seasoning.

  26. I have a client who filed for bk 7 years ago and did not reaffirm his mortgage,

    He has made all his payments on time, his credit score Is in the high 600’s, and he has plenty of equity in the property.

    He is interested in refinancing.

    The only problem is that his current mortgage is showing as a closed account on his credit report.

    Is this something that you would be interested in?

  27. Having trouble finding a mortgage lender that will except my credit. I make enough money just don’t have good enough credit.

  28. Good day I am in the process of buying a house and I got final approval from underwriting then they came back and said they need to do a credit supplement cause my current mortgage did not show a payment for may, the reason for the late payment have I changed jobs and then went back to my former employer and had to wait two weeks till I got paid and that put me behind. Granted that on all my outstanding debt I haven’t been late this is the one and only time. My loan officer is putting together a file for underwriting review but said it doesn’t look like I will be approved. What can I do??
    Richard Matton

  29. My bankruptcy chapter 7 more discharge in one month, and July I am looking to purchase a home but I’m stuck in the waiting guidelines of conventional loans. I am trying to find a loan that I could be approved for before a two years waiting time.

  30. Looking for a non QM loan because I have a short sale 2.5 years ago. No late payments in the last 3 years (besides home) and credit is not 710. Have a co-borrower with 760 credit. Only 10% to put down. Wondering what the interest rates will be and if at all possible. Thanks!

  31. I’m currently on the job for 1 year and 3 months Before I was doing something else completely different. Is that ok What is min requirement for down payment

  32. Thank you for sharing this valuable information. please have a look at the website through the given link it will be a good experience…. o that’s such a nice post. am glad to read this post. thanks for sharing this. it really very helpful …I would definitely recommend it to others. Going through chapter 13 bankruptcy. As well as a divorce. My income is enough to keep going and keep the property.

  33. I worked for 2 years, took 6 months off, then worked 6 years. I had to leave because the company was bought and the new manager bullied me. I stayed out of the workforce for 16.5 years with my 4 kids. I’ve had a part-time W-2 job since March of this year, plus child support paid from mediated settlement agreement since Nov ‘21. We’re going into the settlement phase of the divorce, and my attorney is saying I have to have the loan now. But with the debt I’ll be taking, I need spousal support to still qualify. (Several of my kids have special needs; the total precludes my ability to work full-time.) And my understanding is that has to paid for 6 months to count.

    1. Your spousal support will count right away as long as it will continue for the next three years. Please reach out to us at or call us at 262-716-8151. Or text us for a faster response.

  34. I want to know if my husband and I would qualify for a mortgage together. He has been at his job for a year but I just started working. I was unemployed during COVID for 11 months from a job that I worked at for 2.5 yrs. My husband was also unemployed due to COVID for 8 months from a job that he was at for a year.

  35. Hi Guston,
    I have been turned down by 3 mortgage companies because I am working for a temp agency less than 2yrs. I am in the same field of work. I have letters to back up my continuous of employment. But, now I am in the FHA system for being denied for this reason so the last company couldn’t overrides the UW decision. I am under contract.
    I hope you can help.
    Thank you
    Valori Simmonds

  36. Good Afternoon,
    I found your company online after performing a search for mortgage lenders -chapter 13 bankruptcy.
    I’m in the final months of completing a 5-year chapter 13 plan payment with anticipation of a discharge in September or October. Afterward, I’d like to purchase a home provided that’s an option.
    Considering the above, I’m looking for advisement on the below-referenced questions:
    1) I read that your firm offer USDA, FHA, or construction type mortgage loans, is the USDA loan an option for someone right out of bankruptcy? If so, are you licensed in North Carolina? Obviously, USDA offers the no down payment option
    I’ll look forward to your response at your earliest convenience!

  37. I am tired of renting and where I live the landlords are really hiking up the rates. I'[m a single mom and have a 620ish credit score and make $20 hr + commission and OT. My wish is to have a little house built, but my concern is the job history. I’ve always had stable employment until right before Covid. I was laid off in Jan 2020 and didn’t get back to work (school age child) until Sept 2021. Is getting into a new home this summer wishful thinking?

  38. my emp history is fine but my wife has been employed pt since 2019 then a gap for covid. she also started a new pt job in addition to the one from 2019 in october 2021. I was told her income from the 2021 job cant be used because of the 2 year rule which leaves us with a higher dti and cant get approved for a decent loan amount. Also i am unable to put 15% (10 %) maybe down payment and also looking into dp assistance funds.

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