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USDA loan first time homebuyers

I'm looking for a lender to assist with our home buying loan process in South Georgia. We recently moved in with family a month ago and will be starting our jobs next week. We are most concerned about our primary source of income which is my part time job supplemented with Per diem work. I will be making $50/hr with guaranteed 20 hrs per week not including per diem. My husband has a full time job in the school system for $1100/ month as this is a career change for him. The property we are interested in is eligible as well as our income and listed for $199K. Will we still qualify with our employment gaps and my part time status? We have very little savings but credit scores of 775 and 690 by Cassi.culpepper256 from Nahunta, Georgia. Dec 28th 2015 Reply


Sounds like you are on the right track. Would be happy to work with you on qualifying. Message me from profile

Dec 28th 2015
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Briggs Cline (bcline_154_679)
#60 ranked lender in Georgia - 55 contributions

My previous response below did not connect to profile. Briggs Cline. Buckhead Home Loans. 678-578-0600.

Dec 29th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,045 contributions

Much more info is necessary to answer your question.. but in general, part time income is only considered if you have had the same job or in the same line of work with the same type of pay for the past 2 years.. and for your husbands income to be considered, he has to be in the same line of work for the past 2 years. There are ways around the "line of work" issue, but his income might not be enough for qualifying.. so without knowing all the details, it's hard to say for sure.. so 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

Dec 29th 2015
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Thank you for responding to my post.William - Thank you for the advice, I have contacted a local broker, however she is not sure we will qualify since I am not full time. She also stated we need the past 30 day pay stub (which we have not been working, so we would not have a 30 day pay-stub until the end of January)Briggs - I look forward to the possibility of working with you. Can you confirm the above information is correct? Also, why couldn't my husbands full-time be sufficient with my additional income included to qualify for a loan? He was with the same company for 5 years prior to this career change. I will be in the same line of work making more money with part time/prn status compared to full time.

Dec 30th 2015
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