Part Time Job With An FHA Loan? ...Here's What You Need To Know.

Hello,

If you are trying to purchase a house with an FHA loan - and you are using part time job income, be aware of 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.


I hope you have a good day today. Thanks for reading!


Brett