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What is the basis for loan qualification?

I am moving to Florida from NY. I worked for 2 years on the same job but will be looking for a new one. What will be the basis for me to qualify for a loan? Will it be my new job or the previous one where I have 2 years income tax? I currently own a home and I was thinking about selling before I moved. by santosjr257 from Miramar Beach, Florida. Apr 8th 2022 Reply


John Burke (jburke)
#27 ranked lender in Texas - 321 contributions

You'll need a new job in NY, preferably in the same line of work and paid the same way. For example, you do not want to go from being paid W-2 to 1099 or from salary to commission. | John Burke | Senior Mortgage Banker | Lending in ALL 50 states |Stride Bank | jburke@stridebank.com | (877)228-9069 | NMLS# 787231 |

Apr 11th 2022
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