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Updated about 3 years ago on . Most recent reply
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FHA Obstacles; your thoughts/experience
Hi BP! I recently landed a full-time job (my first REAL job). I know that I want to use it to fund investment properties in the future and I know that I want to use the FHA option because it's quicker.
I have never stayed in any of my part-time jobs for more than 2yrs and I am wondering if my very choppy, and unstable work history will be a major obstacle? I will be 25 and I would hate to have to wait 2yrs so I can qualify for an FHA loan. Also, I have an associates degree and will soon be graduating with a bachelors degree as well. Would this count towards "work history" necessarily?
Would love any feedback/experience here? Hopefully there is some wiggle room. I also have no debt and good credit, if that makes a difference.