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I don't have two years of steady employment, as I was focusing primarily on college. Can I still buy a home?

by michael998 from Maple View, New York. May 13th 2016 Reply


Yes..just need to document the education and is it relevant to your current position..email Larry at info@southforkfunding.com for immediate response

May 13th 2016
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Ted Ark (tark@goldmortgage.com)
#31 ranked lender in New Jersey - 32 contributions

For underwriting, you'll need to provide your college transcripts to provide a 2 year history covering employment / education.

May 13th 2016
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William J Acres (William_Acres)
#2 ranked lender in Arizona - 7,797 contributions

More info needed, but in general, if your working in the area of your studies.. then you shouldn't have a problem.. You will need to support this by submitting your college transcripts.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. 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 NMLS# 226347

May 13th 2016
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Jericho Cherry (Jerichocherry)
#58 ranked lender in Virginia - 1,107 contributions

Yes you can with the proper documentation.

May 13th 2016
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,446 contributions

We need more information, but very probably yes. You need to prove a total job history in your life of at least two-years. If you have less than that, but were in school, we can use school transcripts in lieu of the work history. Then if you've been at your current job just a little time, that is OK, as long as you are hourly or salary based income. If you are commission, tips, or otherwise have a variable income, you probably need a two-year at the same job work history. Contact a local mortgage broker in your area for more personal details. For loans in WI, MN, and SD, visit me at www.WI-MortgageBroker.com

May 14th 2016
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