Employment history (lenders, need, accept, income)

[beckycat]

What's the minimum lenders are wanting to see you employed for to get a mortgage?

[chet everett]

The ideal situation is some one with twenty four uninterrupted months of full time employment with the same firm, but for most lenders that is not the minimum. If you were part time or temporary, but can fully document your income with W-2s going back for an equal length of time you are generally OK.

If you have been out of school for less than 2 years but worked part time while in school (and can supply documentation) that is also acceptable.

[SYS]

If I may throw in a related question without hijacking the thread, what about situations (which I imagine is going to be more common with so many layoffs) where both couples had the joint income in the past and now with just one income?

[lscalder]

Their is no time frame. Lets you you were in school and now started working then you would need your recent paystubs along with your school transcripts.