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Contract Employees - Home Loans?

Posted on: 09th Jan, 2011 06:08 pm
I have been working in IT contracting as a contractor and employee for many years. I provided a credit union with 3 years of work history, my resume showing career history. As an employee my job was sent to india and I went back to contracting early in 2009 which is what i was doing before joining that company. Despite providing the lender with evidence of future income and opportunity they insisted on having 2 years of 1099/w-2 contracting history sequentially. This seems silly. To take advantage of this low interest rate market are there any options?
Posted on: 09th Jan, 2011 08:28 pm
I can show 2 years of work history... plus much more. The complaint really appears to be that it's not with one firm or that at one point I moved from full-time w-2 to 1099/w-2 consultant.

In this culture of turn and burn employees being in consulting is simply put "a career path".

Differentiating between consultants and full time employees should be a thing of the past.

If anyone else has a solution to this problem I would be interested?
Posted on: 10th Jan, 2011 04:03 am
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