Do you require FHA financing for reasons of low down payment? Call me if you wish to speak with me offline.
I concur with Ben. All the answers were very good. If you would like more information about FHA loans I encourage you to visit my website that explains a lot about them in one place. http://www.fhaillinoisonline.com.
Let me know if I can help you in any way.
David P. Cruickshank
Ardain Mortgage Corp
Give me a call if you would like me to review this issue with you. Although my profile says Stamford, CT, that is only my main office, I work on Long Island.
It doesn't matter if you switch jobs - so long as you're in the same general line of work or you had an increase in pay and/or responsibilities. What does matter is if you switch from a jobs paying wages to a job the is paid by commission (if full or in part). If you swicth to a commission based job, then you will have to document 2 years of earnings. If you are in the same line of work where you were paid wages, then it can be reduced to one year.