Posted on: 25th Nov, 2013 11:48 pm
My boyfriend and I want to get a mortgage for our home. We have 13k saved and 8k in assets. We have decent credit but my boyfriend will not be able to show two years of employment history though he has a steady income. Will we get a loan?
If your boyfriend is unable to show 2 years of employment history, then it will be difficult for him to get a loan. In that case, you will have to apply for the loan in your name if you have 2 years of employment history.
If your boyfriend was in school in the same line of field as his employment, then FHA may allow to use the school for his 2 year employment history. Good luck!
Why can't your boyfriend show 2 yrs of employment? Was he in school, interning or training? Let's discuss your options.
Your boyfriend can opt for an FHA loan as this might be the best option for him.