I was originally targeting a purchase later this year but with mortgage rates so low, and due to the fact I found a new construction property with a 15 year tax abatement I have moved up my timetable. My main issue with the couple of banks I have talked to is they want 2 years of self employed income. In 2018 I started the year as a W2 employee and in August got a new job which classifies me as a 1099 contractor (both commission only sales jobs). I travel extensively so I had quite a few deductions, mostly mileage and hotels which brought that part of the income down considerably. I have been told they will NOT use my W2 income from the beginning of 2018 even though it was in the same field. ^&^&*!*&%^ I just got my 2019 taxes back and gave myself a significant raise but seem to be on hold until August because I need 2 years. By the time this happens the lots and tax abatement will likely be gone.
Any advice as far as any banks that may include my partial year W2? P.S. middle mortgage score from Myfico is 661
