What work experience do I need to qualify for a loan?
I have worked in the same industry for 2 years. 1 year as a 1099 employee and 1 year as a W2 employee, is this enough to qualify for a loan? by wilsonpm646 from Atlanta, Georgia. Mar 3rd 2022
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions
You need a minimum of two years employment history "in your entire lifetime." From there, it really depends on your current situation. If you were 1099, and have now been a W2 employee for a year. You are fine for the employment element of loan approval. I lend in WI MN IA ND SD. Find me at WiMortgageBroker.com - Cambria Mortgage, NMLS 274132
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