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New job in same field with 6 week break in between??

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happy0510
Established Contributor

New job in same field with 6 week break in between??

How is this going to affect the approval?  The previous job was for over 10 years.  The new one will hit 6 months at time of application.  Is this a deal breaker?

Starting Score: 615
Current Score: 709
Goal Score: 750


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DallasLoanGuy
Super Contributor

Re: New job in same field with 6 week break in between??

Not a deal breaker.

A letter of explanation will be required since it is more than 30 days.
 This would be more of an issue on a flimsy file..... but if you qualify well, it will not be a hude hurdle.

 

Retired Lender
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happy0510
Established Contributor

Re: New job in same field with 6 week break in between??

bump

Starting Score: 615
Current Score: 709
Goal Score: 750


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DallasLoanGuy
Super Contributor

Re: New job in same field with 6 week break in between??

Not a deal breaker.

A letter of explanation will be required since it is more than 30 days.
 This would be more of an issue on a flimsy file..... but if you qualify well, it will not be a hude hurdle.

 

Retired Lender
Message 3 of 4
happy0510
Established Contributor

Re: New job in same field with 6 week break in between??

Thanks Dallas,

 

I don't think it will be a flimsy file. Ha ha.  There is a really good explanation and lots of paperwork to back it up. 

 

Thanks Again!

 

HappySmiley Happy

 

 


Starting Score: 615
Current Score: 709
Goal Score: 750


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