Can I qualify for a mortgage with less than 2 years employment?

[Tinley Jones]

Hello, I'd really like to purchase a duplex soon. I just started speaking with lenders. I am nervous to apply. I am a first time buyer. I do not have 2 years at my current position. I've been doing leasing with a pm company for 6 months now. Before that I was with keller Williams (not making much) for about 6 months and a photography assistant for extra cash. I took time off to have my son in 2017. And put my self through college with sales jobs. Real estate and investing has always been my goal. I'm eager to get started im just not sure my history is enough. Should I wait? If I put more money down does it matter? Any lenders with advice?

[Jonathan Larkin]

I was able to get approved with 6 months of work history after graduating college. I would say it’s going to depend on your credit. A few thoughts: 1. Maternity leave/child birth may be an allowable gap in income. 2. They don’t care about cash made on the side - it’s all about tax documents. 3. They like to see “increased earning” or growth, sounds like you currently have this so it should work in your favor. I personally would go to a mortgage broker with the situation you mentioned. Talk to them on the phone, some work harder than others. Meaning some will say no and other will want to find a way to get you in the property. You want a problem solver who will work for you. Good luck!