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Updated about 4 years ago,

User Stats

6
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1
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Martin Florian Jr.
Pro Member
  • New to Real Estate
1
Votes |
6
Posts

Qualifying for a Conventional Mortgage after an Associates Degree

Martin Florian Jr.
Pro Member
  • New to Real Estate
Posted

Hey everyone, I've been trying to find another example of my situation online, but with no luck, so I'm hopeing someone on here has some experience with this. I'm currently in my third semester of a 2 year associates degree program in CNC Machining. I plan on getting a fulltime job in CNC Machining right after graduation. After getting a fulltime job I want to purchase a rental duplex with 20% down with my cousin as soon as possible. By then my income and credit score should have no problem qualifying me for a conventional loan but I'm not sure about my work history. I've been working part time at a gas station for the last 2+ years. Will the part time work and degree in my career's field be enough to qualify in my first year of fulltime employment or will I have to work a full 2 years before I can expect a lender to qualify me.

Thank you for any help you guys can offer.

  • Martin Florian Jr.
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