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Faby1435, Other/Just Looking in Elmwood Park, IL

does school and intership count as employment history in illinois? I was also offered a full time position at the company i intered

Asked by Faby1435, Elmwood Park, IL Fri Nov 23, 2012

Help the community by answering this question:


School does not - internship should as long as HR of the company you work for recognizes it. Are you looking to get pre qualified? If so, feel free to contact me.
1 vote Thank Flag Link Sat Nov 24, 2012
call Wesley
Our Team | United Equity Mortgage Corp.
http://www.unitedequity.us/our-team.html15+ items – Wieslaw (Wesley) Jura Vice President. NMLS ID 225274 ...
Wieslaw (Wesley) Jura Vice President. NMLS ID 225274 773-304-3412
Paul Gondek Senior Loan Originator. NMLS ID 226276 773-304-3414
0 votes Thank Flag Link Sat Apr 13, 2013
It will work for FHA and also for Freddie Mac as long as it is in a similar field of study. For Freddie Mac it is cut and dry Accounting degree getting CPA license then that is acceptable, same with law school or med school. FHA is more loose you could get a business degree and it could basically work with any job in the business field. the area where people and lenders get tripped up is they forget to review the offer letter or job contract prior to issuing a pre-approval letter and then it says probationary period and then you cannot close until after that period is up.

Give me a call if you would like more information.

Chris Diamond
Diamond Residential Mortgage Corporation
0 votes Thank Flag Link Fri Apr 12, 2013
I have had clients be approved right out of school based on the offer letter. Feel free to contact me for lender recommendations. I work with first time buyers all the time.

All the best,

Ivan Sagel
0 votes Thank Flag Link Wed Jan 9, 2013
As a lender, we require a 2 year work history. if you were in school as part of that 2 years, then the time at school would be on the applicaiton. The income for the mortgage comes from your current employer. Past income isnt used to qualify you for the purchase. Joanna
0 votes Thank Flag Link Wed Nov 28, 2012
you should include all relevant work experience on your resume, this includes unpaid internships.
0 votes Thank Flag Link Sat Nov 24, 2012
Internship does, ot school. You need to speak with a few lenders to get more details. My web site has some references.
0 votes Thank Flag Link Sat Nov 24, 2012
School does not however Internship is considered employment as long as you have been truly working for the firm and they will provide work history.

Sohail A. Salahuddin | Group Founder

Innovative Property Consultants Group | Sales and Leasing


Jameson Sotheby’s International Realty

425 W. North Ave. | Chicago, IL 60610 

O: 312.335.3230 | C: 312.437.7799 | F: 847.805.6030

"Locally Known, Globally Recognized"
0 votes Thank Flag Link Sat Nov 24, 2012
It does if the education is in the same field of employment. 4 yr secondary education is also inclusive. Call me for more details.
708 652-8888 Albert
0 votes Thank Flag Link Fri Nov 23, 2012
I don't believe it does. Check with a lender though.
0 votes Thank Flag Link Fri Nov 23, 2012
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