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Updated over 6 years ago on . Most recent reply
How long until you can be approved for FHA loan?
Hello,
I’m sure this has been discussed before but I have not found the information. I was wondering how long you must hold a w-2 job before you can be approved for an FHA loan?
A little back story. I am graduating college in December of this year after which I am moving to Jacksonville, FL where I will start a 9-5 job. I already have a small amount of cash saved up and I would like to purchase some sort of house hack as soon as possible and I was wondering about how long I will need to work my 9-5 job before I can get approved for an FHA loan, assuming my credit is good enough and everything else.
Thanks in advance
Most Popular Reply

As long as you have a good credit history, you don't even have to be employed yet. You can have a job offer letter starting within 30 days and still possibly get a loan. It comes down to credit history. The best advice to give you is call a mortgage co and have them qualify you. If your credit is fine, and you just started a job, you can still qualify for a mortgage. It always has to make sense to the banks, but new job out of college is ok.