About Renee Wickowski
Community Involvement
HOBBIES/INTEREST
FAMILY
Specialties
- Buyers
- Sellers
Residential sales, listing agent and buyer's agent, also specialize in short sales and bank owned properties
Awards
Answered Questions
Great question. You don't necessarily need two full years at your new job to qualify for a mortgage. Lenders typically care about stable, and likely-to-continue income, not time with one employer. The " two-year historyaEUR? refers to total work or education history, not just one job. College counts toward that history if your current job relates to your degree; part-time or internship work can also help. Recent grads often qualify with only 30 days of paystubs plus an offer letter and proof of educationaEUR"especially with good credit, savings, and low debt. FHA loans are more lenient with short or interrupted work history; conventional loans allow exceptions if employment is stable and related to your field. With 3 months at your job, prior part-time work, and your degree, you could already qualify or soon willaEUR"ideally by 6 months on the job. Waiting up to a year can improve options and rates. I would recommend that you reach out and talk to multiple lenders or a broker experienced with recent grads. Gather income, education, and financial documents early. Explore both FHA and conventional options. Expect possibly more documentation requests with a shorter history. In short, your education plus stable salaried job likely meet lender requirementsaEUR"you don't have to wait two years to purchase a home. I hope this helps, best of luck with your condo search and purchase.
ZillowVERIFIED