want to purchase home but work history only 1year

Asked by Judy, West Palm Beach, FL Fri Jan 30, 2009

Help the community by answering this question:

+ web reference
Web reference:


Rodney Forbes, Agent, Port St Lucie, FL
Fri Apr 24, 2009

The mortgage process and requirements are only part of the package when it comes to getting the home you want. If you can negotiate with the seller to pay part of your down payment and/or closing costs this will help your chances of getting the home. There are also grant programs in Pam Beach County that can help you.

My realty company specializes in working with buyers, particularly first time buyers. We help to find the perfect home for you and to negotiate the best price and terms. These factors can really help with the lack of job history. Our services are absolutely free to you and you're never obligated to buy anything. My contact in formation is listed below.

If you are interested in buying or selling a home in the Palm Beach County area, specifically Palm Beach Gardens, Jupiter and West Palm Beach, please visit my Forbes Realty website. For frequently updated information on foreclosures, short sales, real estate news and market conditions visit my South Florida Real Estate Report blog. There are many free reports as well as free access to MLS listed properties.

Rodney Forbes is a licensed Realtor®, certified short sale/REO specialist and broker for Forbes Realty of South Florida Inc.
0 votes
Andy, , California
Mon Apr 20, 2009

That depends on what you did one year ago. An good explaination letter may be helpful when you submit you loan application.

0 votes
Mark Doring, Agent, Coconut Creek, FL
Mon Apr 20, 2009
Many variables come into play when you are applying for a mortgage loan. Length of employment is only 1 of those factors and there are many variables that play into that aspect alone.

Please contact me at madoring10@yahoo.com and I will work to see if you are qualified to buy and to what amount.

There are many great FHA loan programs out there right now with rates in the 4's requiring as little as 3.5% down.
0 votes
Cheryl Hale, , Mortgage Broker in Boca Raton
Fri Jan 30, 2009
Lenders do like to see a 2 year work history, however exceptions can be made. You didn't mention if you have only 1 year on a current job, and prior work history with another employer , or just 1 year work history total.

If you have 1 year work history with a current employer, and prior work history with another employer in the same line of work, you should be fine.

If you have only 1 year work history, some exceptions would be:

You were in school and just started in the work force..you would need to provide evidence of the schooling..ie a diploma or degree.

You stayed home raising children and you have just re entered the workforce.

If you can give a few more details of your situation, I may be able to be more specific.
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more