Can i still qualify for FHA / 5% down if i change jobs?

[Nolan Mahoney]

Hello,

So i am planning to get Pre-approved for for either a FHA loan or a 5% conventional comming within the next few months, and i have a good job opportunity that would raise my income. I dont plan on taking any time off in between jobs. Would this disqualify me from any of the loans? from what i understand is you must be employed for 2 years in your job history, not 2 years at the same company.

Any insight on the subject would be much help. Thanks!

[Derek Brickley]

Hi Nolan!  Would you be looking for a W-2 job?  As long as you would have an offer letter stating you would be full-time and there are no contingencies, we would be able to use the projected wages to qualify you.  No need to be on the job as long as there is not a job gap in between.