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can i get a mortgage if i don't work full time?

i have a significant savings and work part time only because i have started school. will the part time be counted against me? it is normally 25 - 30 hours per week by grubot97853243 from Albany, New York. Jan 29th 2015 Reply


You will have to be on the Part Time job for a minimum of 2 years in order to count the income. If you have any other questions - you can contact me directly at tliolos@paragonhomeloans.comThomas J LiolosBranch ManagerParagon Home LoansNMLS#: 48774

Jan 29th 2015
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Dave Metsker (DaveMetsker)
#37 ranked lender in Oregon - 2,317 contributions

Your average current income will determine the amount you can borrow.

Jan 29th 2015
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#77 ranked lender in Florida - 2,240 contributions

You will need to have been part time for 2 full years to count the income. You can call me directly at 800-991-5309 ask for the # 1 NY lender on lender 411 Michelle

Jan 29th 2015
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,722 contributions

Guidelines don't state you have to be full time employed, but you have to have verifiable income and must have sufficient income to satisfy the new debt along with your existing debt.. Also, for part time income to be consider, you must have had the job for 2 years or more income consideration.. .. 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. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 29th 2015
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,240 contributions

Good answers previously, depends on how long you've had the income and how stable it is, what you were doing before if less than 2 years. Money in the bank only counts if you are "drawing" on it and we can document funds as income. (Kind of like an "annuity")

Jan 29th 2015
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Gene Neal (eneal@athccorp.com)
#31 ranked lender in New York - 273 contributions

The main thing is your work history, credit score and overall debt to income ratio. If you show you've worked part time for 2 years then it wouldn't be an issue. Please feel free to reach out to me via my profile.

Jan 29th 2015
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Jason Vondrak (jvondrak)
#221 ranked lender in California - 1,741 contributions

How long have you been at your part time job? You will need to have been there for at least two years in order to be able to count it towards your income. You will also need to make enough in order to cover the mortgage payments. Lenders will use your income to determine how much you can borrow.

Jan 30th 2015
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Jericho Cherry (Jerichocherry)
#56 ranked lender in Virginia - 1,107 contributions

If you have at least two years on the job, and can meet all the other qualifications you should be ok.

Jan 30th 2015
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Yes you can get a Mortgsge. Call me to discuss the details. (201)788-2368Thanks Keith

Jan 31st 2015
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Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions

Yes you can, but it will depend on how long you have been working part time. If it less than two years you will most likely not qualify as most lenders require a solid 2-year part time work history to insure it's a stable income source. If you do have that or are close to that you should speak with a local loan officer and find out what your options are. Best wishes, Sean

Feb 1st 2015
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