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I just started a new job in a different line of work. Is there any way I can get a mortgage?

I just started a new job in a new line of work. I can put 20% down but I was told that in order to get a mortgage I have to be in this job for 2 years. Is this true? Are there exceptions made or is there a way around that?
  • October 28 2012 - Laredo
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Answers (6)

You do need at least a 2 year work history to show consistent income so that it can be determined you are capable of making a mortage
payment. Change of jobs is normal , as long as you are in similar line of business and progressing and making similar or more , it is acceptable.
  • March 09
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There are exceptions that can be made to this depending on the strength of the applicant and the extenuating circumstances. Feel free to contact through Zillow profile.
  • February 01 2014
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The lender I currently work with will tell you that at least 2 years of work history is considered when determining who is qualified for a mortgage loan. Credit history is another deciding factor in get approved as well. Shop around. Don't be afraid to call multiple companies and ask them what they will need from you exactly. The sooner you begin this process the sooner you can move into your new home! Hope this helps.
  • February 01 2014
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Profile picture for Sharon Lewis
Talk to a lender , I agree.....we don't know the circumstances of your work,your credit (and please don't post personal information like that here) There are good lenders here on Zillow, pull down the professionals tab 'find a pro' up top and look for someone local or ask your Realtor for recommendations. 
Best of luck to you and congratulations on your new job!
  • October 29 2012
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Profile picture for Ofe Polack
Too many variables to give you an answer.  Try contacting at least two mortgage brokers and see what they tell you.
  • October 28 2012
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Profile picture for Matt Hiatt
Most lenders do require two years in the same field (it does not have to be the same company). I had one make an exception, but it was a strong buyer with 18 months job time.
  • October 28 2012
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