How long do I have to be employed to get a home loan?

Any general questions you might have in regards to loans and finance.
rubydays
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Joined: Mon Jun 15, 2009 3:48 pm

How long do I have to be employed to get a home loan?

Postby rubydays » Mon Jun 15, 2009 4:00 pm

It has been personal goal of mine to share own a home with my brother. I have been self employed for the last 6 months and was working full time for the same employer for 2 years before that. I am now looking for full-time work. How long do I have to be at that job to get a home loan?

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Otto Dargan
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Re: How long do I have to be employed to get a home loan?

Postby Otto Dargan » Mon Jun 15, 2009 8:53 pm

Hi Ruby,

The minimum required is that you have been 1 day in your job. There is only one or two lenders that can help in this situation.

The majority of lenders require you to be off probation or a minimum of 6 months in your current job before approving your loan.
Otto Dargan
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