What You Need To Know About A Part Time Job…

By
Mortgage and Lending with Berkshire Lending, LLC

small-brett-pic1  If you are considering getting a part time job to give you extra income for mortgage qualification purposes – consider this…

FHA will want to see that you have a two year stream of this part time income before they will give you credit for it.

…So, in other words if a loan officer tells you that you need more income – you can’t just run out and get a part time job to satisfy this need. …You wouldn’t fulfill the 2 year work history on it.

You do have other options though… If you are in this situation – please give me a call or drop me an email. I would love to try to help you.

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

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Comments (2)

Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

A simple answer to what appears to be....a tough question. Thank you

Dec 13, 2015 10:29 PM
DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

This is exactly why every borrower needs to talk to a LICENSED Mortgage Loan Originator to get solid advice before moving forward on a mortgage Brett Sampson .

Dec 17, 2015 07:31 AM