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Do you have to be working somewhere for at least 6 months before you can qualify for a home loan?
Wiki User
∙ 18y ago
As long as you have been in the same profession for at least two years, you can typically qualify for financing through any loan program. However, there are even loan prgorams avaialble for borrower which have recently become self-employed or have started a new carreer. These "No Doc" loan programs require no verification of the borrowers employment or income so the limited history is not a factor. Unfortunately, due to the increased risk (to the lender) for this type of financing the rates and/or points will be higher than with a traditional "Full documentation" transaction.
Wiki User
∙ 18y ago
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