I am trying to qualify for HomePath but I have been only working for 3 months. I am a full time student. Can i qualify for HomePath?

Asked by Brian, Huntington Beach, CA Thu Sep 8, 2011

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Aram Arakely…, Agent, Glendale, CA
Sat Sep 10, 2011
You need a lender who is specialising in Homepath.

Aram Arakelyan
Your LA Broker or Life!
Realty Needs Network
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Shane Milne, Mortgage Broker Or Lender, South Jordan, UT
Sat Sep 10, 2011
Lenders require a 2 year employment history, even if you haven't been employed for a full 2 years (they just want to know what has been going on the past 2 years, regardless of what happened during those 2 years). 3 months on the job with no prior employment history can be tough to qualify, but if you recently got a degree/diploma and went into a full time position related to your field of study, then that time in school can substitute for the 2-year employment history. In your situation it sounds like you will need a really good loan officer to go over your situation to make sure all angles of qualifying are considered, even utilizing a co-signer if possible, or if it's not possible now then 6 months on the job may just do the trick. You can also use other types of financing (regular or rehab) to purchase homes listed at http://www.homepath.com/ - it's not just limited to using HomePath financing.
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Brent Kluge, Mortgage Broker Or Lender, Baltimore, MD
Fri Sep 9, 2011
More than likely, so long as your new job is full-time??? and assuming you meet the remaining qualifications.
Feel free to reach out to me and I will be glad to get your loan going so you know what you can afford. I and my team do the HomePath loans (including the Renovation) all across the country and specialize in them!

Web Reference:  http://www.203kworld.com
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Karen Parsons…, Agent, Laguna Beach, CA
Thu Sep 8, 2011
Hi Brian,

Maybe...I know a great lender who works with Homepath. If you would like her name, shoot me an email and I can get her information to you privately.

Sounds exciting....I hope it works out for you,

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