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Is it possible to get a mortgage with less than 6 months employment history? My wife was a stay at home but just got a job.

by drewnaylor13781 from Maryland Heights, Missouri. Jul 8th 2016 Reply


Sara Deere (Saraloveshomeloans)
#1 ranked lender in Kansas - 516 contributions

A lot more information is needed, but I have seen borrower(s) get approved in the past.

Jul 8th 2016
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I have been at my job for 4 years but she has been a stay at home mom for the past 4 years. Got a job in March and we found a home we want to purchase. All the lenders are telling us we have to wait until she's been at the job for 6 months.

Jul 8th 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,045 contributions

More info needed, but in general, you might be able to use her income.. typically lenders want to see a 2 year work history, but if she's back to work now, then it can be acceptable.. However, dealing with a true "Mortgage Broker" vs. a bank or mortgage bank will be your best bet.. The broker has an advantage because he's familiar with local customs and works with many lenders ( I have 21) with each one offering a different type of lending program. This is unlike the local bank or mortgage 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

Jul 8th 2016
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