Skip to content
Private Lending & Conventional Mortgage Advice

User Stats

4
Posts
5
Votes
Marian Henares
  • San Diego, CA
5
Votes |
4
Posts

New job in the last year. What income will be used for mortgage?

Marian Henares
  • San Diego, CA
Posted Jul 21 2019, 23:38

Hello BP friends!

I graduated nursing school in May 2018 and was hired as an RN in July 2018. While in nursing school (3 year program), I worked as an admin assistant for my dad's consulting company. As an RN for the past year, my income has quadrupled compared to what I was making as an admin assistant. What income amount will they use when I go to apply for mortgages? Will they average my income over the last 2 years? Will they disregard the admin assistant income since I was in nursing school during that time?

Thank you in advance for your help.

Sincerely,

Loading replies...