2 years employment history mandatory?

There are hardly any banks which will work with you if you cannot show 2 years of employment history.

Hi Brunei,

Yes, a minimum of 2 years employment history is mandatory. Without that, the lenders may not consider giving you a loan.

Thanks

There are exceptions to this rule. If you were in college for lets say dentistry and you became a dentist and work for a dentist office, then you could obtain a loan, with a 30 days worth a paystubs. Lender will take your school as a 2 year history, as its in the same field as your current work.

Yes, it is ofcourse mandatory for you to be employed for at least 2 years if you want to get a mortgage loan. This will make your lender understand that you've been holding your job for 2 years responsibly and thus, you'll repay the loan you are taking out on time.