FHA bust Lender backed out after pre approval need help

[Felix D Menendez Jr]

So I applied for a FHA 203(k) loan and was pre approved for $325K I only wanted $250k. So after giving the lender all my documents upon first visit I waited a couple days for a rejection or pre approval. Great I was pre approved so after about a month of communications with the lender and then making a offer on a house I was interested in, I requested some info from the lender so I could apply for a down payment assistance program we have in my area. The lender sent me a email stating the following,

Felix, I spoke with my underwriter and the FHA guidelines on deriving income.

FHA looks at current employment, as well as past employment.

Because of the job changes over the past 2 years, schooling (which made sense and enhanced your career)

FHA looks for a more consistent employment history and would want to see more time at your current job.

I feel if you can get close to 2 years with your current employer, you will be better suited to meet FHA guidelines.

I am sorry for the delay in getting back to you and would still like to work with you in the future.

I was upfront about my employment history and even wrote a letter explaining any and all gaps in my employment history at our very first visit. The lender knew I would be making the offer on the house and allowed me to proceed. Now I have a pending offer with no lender (yes im looking for a new lender). Any ideas as to why he waited to tell me this or maybe they did not want to deal with the down payment program knowing only 1.5% of my own money would be used for the down payment? Are there ways around this employment thing, would other lenders have different fha guidelines? I have been employed consistently for over a year but have changed companies multiple times for pay increases (which I made clear at the beginning of the application process) and stayed in the same field of work. I have been at my current job now for a little over 3 months. 

Thanks in advance

[Mindy Jensen]

@Felix D Menendez Jr, the section of your post that stands out to me is:

 I have been employed consistently for over a year but have changed companies multiple times for pay increases (which I made clear at the beginning of the application process) and stayed in the same field of work. I have been at my current job now for a little over 3 months.

This doesn't speak to your stability, which is what lenders are looking for when they give you large sums of money.

If you had a larger down payment, your employment history would play less of a role.

Charlie gave you some good advice. Wait until you've got 12 months of consistent employment with the same company, then reapply.

The deal may not be gone for good, however. Ask about seller financing for 9-12 months to see if they would be willing to carry the note until you can refinance into a loan.