• Qualifying For a Mortgage With Employment Gaps

    Posted by Brett on February 28, 2024 at 12:14 am

    If my wife has been not working for ten years and was a stay at home mom and housewife and just got a full time job in education, a high school teacher, how long does she need to be employed at her new full time job for a mortgage lender to be able to use her full time income as qualified income for a home loan.

    Gustan Cho replied 2 years, 7 months ago 3 Members · 2 Replies
  • 2 Replies
  • Denisha

    Member
    February 28, 2024 at 12:37 am

    Yes she needs to be back to work for 6 months and she will need to prove her prior work history for 2 full years.

  • Gustan Cho

    Administrator
    February 28, 2024 at 2:17 am

    Thank you 😊

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