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Updated about 2 years ago on . Most recent reply

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New Job, New Home coming soon in 2023

Camila Villarino
Posted

Hi everyone! I am looking to switch jobs and also buy a property with one of my parents in 2023 here in the OC. My credit is good and I think together we have a potentially good down payment . My concerns are the following, I understand that for a conventional loan they try to look at W2 stability for 2 years and i am looking to shift from a W2 health admin job to a W2 Medical Sales job. Would this be an issue especially since I would not have been employed at this new company/job for at least 2 years? How much of a deal breaker could this potentially be? Also would not making this a primary residence (because i might move from the area) hinder me greatly?P.S.- My parent would be using this as a primary residence. 

Thank you all. Cheers!

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