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Need to change contact info on this site by sherri.eckert306 from Huntsville, Texas. Jan 19th 2017 Reply


no from Austin not Huntsville but my name is sherri eckert

Jan 19th 2017
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David R Youngs - Assistant Vice President (DavidRYoungs)
#66 ranked lender in Minnesota - 47 contributions

Hello Sherri - I'm not sure if this was a direct question. However I wanted to make sure to try to speak to this so that you know how underwriters usually look at things. There are countless circumstances that could affect things. As a general rule of thumb though, most lenders want to see 2 years of history on your job, or at least in the same line of work. There are exceptions, too many that could be listed here that could be discussed in more detail through a personal consultation. If you did change jobs recently, as long as it's in the same line of work and a similar pay structure to your previous job, then USUALLY you can use this income for qualifying once you can document 30 days worth of pay, usually through pay stubs. If it's in a NEW line of work, then you usually need 6 months on the new job minimum before it can be used, assuming it is full-time. If it's "part-time" work, then you likely would need a full 2 years in order to use an average of the income. Again these are just some basics, but if you would like more information regarding your specific scenario then feel free to call me at 651-636-2840 Ext 12 or email me at dyoungs@progressivels.com Thanks!

Jan 19th 2017
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Todd Glassman (Todd Glassman)
#1 ranked lender in South Carolina - 110 contributions

Same line of work?

Jan 19th 2017
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