Will banks include a Part-Time Job in DTI?

2 Replies

Hello BP Family,

I plan to get a Pre-Approval soon to better understand the price range and types of properties I should be looking at for my first House Hack. I recently moved to the DMV from the Midwest(Go Bears!) and just started a Full Time job working in IT. I also just secured a Part-Time job to speed up my saving process for a downpayment on my first home. I originally wanted to go the FHA route but after talking with a agent and really weighing my options I am now leaning towards a conventional loan. The question I have is, will Banks take into consideration a Part-Time job in regards to my DTI? If so how much weight does this Part-Time job hold and can it really make me a more qualified buyer?

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