Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Mortgage Brokers & Lenders
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

16
Posts
3
Votes
Drae C.
  • Austin, TX
3
Votes |
16
Posts

FHA and job loss

Drae C.
  • Austin, TX
Posted

hello, I've been working at my job for a year now saving to become an investor with the use of a fha a loan but, the company isn't doing so well right now and its possible I could be laid off. Is there any exceptions to the two year employment rule

Most Popular Reply

User Stats

316
Posts
216
Votes
Scott England
  • Rental Property Investor
  • OK
216
Votes |
316
Posts
Scott England
  • Rental Property Investor
  • OK
Replied

It depends on what you were doing prior to this job. I would absolutely disclose the fact you may lose your job, however. Or, better yet, wait to buy until your employment situation is stabilized.

Loading replies...