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I have a full time and part time job. I was told that the income from the part time job can't be counted? I've been there over a year.

by shari_williams717 from Hodge, Louisiana. Feb 22nd 2016 Reply


Joan Gallardo (apply@clearlending.com)
#198 ranked lender in Texas - 23 contributions

You need to have part time for 2 years minimum.

Feb 22nd 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 7,802 contributions

More info needed.. Let's say your part time job is as a waitress, and you've been there for 1 year.. and before that, you had another part time job as a waitress that you were at for 2 years.. You have a total of 3 years part time work in the same field, in addition to your full time employment.. then in this scenario, you can use your part time income.. But you must have 2 years receiving part time income to count it.. 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

Feb 22nd 2016
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Derick Condron (rightstartoregon)
#33 ranked lender in Oregon - 597 contributions

Most lenders will require 2 years of it to consider it stable income. You may be able to work with an underwriter to use it as a compensating factor to help your approval

Feb 23rd 2016
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Jesse Stroup (jessestroup)
#193 ranked lender in California - 589 contributions

Mortgage lenders require a two year history with your employer. If you are using a mortgage broker you may be able to shop investors that allow that to be used as income or factors.

Feb 23rd 2016
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