Can I use my part-time Uber income when qualifying for a home loan?

Generally speaking, all your standard loan products require you to have a part-time job for TWO YEARS before we can use that for qualifying purposes, and then we will average that over the two-years to determine how much we will give you. So with just starting in earlier this year, you will NOT be able to use it as mortgage loan qualifying income.

Its funny seeing this question, ive financed 3 uber drivers recently and answer is yes.. but it is tricky. Uber does not offer paystuff or statements .. all income records are generated on your driver accounts and changes daily.. give me a call so we can go through the details or find someone who has actually done loans for uber drivers.. Im Pete 347 875 7506

Copied Straight from Fannie Mae Guidelines: Verification of Secondary Employment Income: Verification of a minimum history of two years of uninterrupted secondaryemployment income is recommended. However, income that has been received fora shorter period of time (NO LESS than 12 months) MAY be considered as acceptable income, as long as there are positive factors to reasonably offset the shorter income history. A borrower may have a history that includes different employers, which is acceptable as long as income has been consistently received.