Do I need 2 years of work experience to qualify?
My wife and I plan to apply for a loan in a few months. I have been working with the same company for 3 years while my husband is with the same employer for a year and was doing contracting for 8 months. Does the contracting count? Do we need to show 2 years of employment to qualify for a loan? by mosses95 from Jonesboro, Georgia. Feb 9th 2022
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions
Typically, lenders look for a full two-year work history, not necessarily two years with the current employer. Assuming your husband had employment before he was doing contracting work, it is likely he has a two-year work history and most traditional lenders will consider that history in their decision. I'm licensed in Georgia and would be happy to help. Just reach out.Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Certified Mortgage Advisor and Certified by The National Association of Mortgage Professionals as a Certified Veterans Lending Specialist.Licensed in AZ, CA, GA, IL, MO, OR & WA... In fact, NEXA is licensed in all states except MA and NY so give us a call. ~ www.ApplyYes.com 480-889-9000 - OR - 480-695-9300.
Ask our community a question.
Get an answer
