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Valued Member
angelalala
Posts: 32
Registered: ‎03-27-2008
0

length of employment for fha loan?

Is there a minimum length of employment for an FHA loan?  I recently started a new job and want to know how long I have to wait before I apply.  FWIW, I've not had any gaps in employment.
5/2013: TU 646 Eq 622 Ex 738
Frequent Contributor
desifink
Posts: 405
Registered: ‎10-20-2007
0

Re: length of employment for fha loan?

FHA wants to see a 2-year employment history. If your new job is in the same field as your old job, then you should be ok, as long as you can prove a consistent 2-year history. The lender will likely want a few (maybe 2) pay stubs from the new job.
Valued Member
angelalala
Posts: 32
Registered: ‎03-27-2008
0

Re: length of employment for fha loan?

OK.  They're both in healthcare, though not the same job title. 
5/2013: TU 646 Eq 622 Ex 738
Regular Contributor
recoverychick
Posts: 113
Registered: ‎10-21-2007
0

Re: length of employment for fha loan?

I switched firms twice in 5 years. Same field.  No problem. Good luck!

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