Monday, June 30, 2014

Will quitting my second job affect my getting a mortgage?

I live in NJ and am currently looking to buy my first home. Upon receiving pre approval I have my employment information for both my full time salaried position as well as a part time serving job a few days a week. I was told that while having the second income is great, that until I have been consistently working a second job for two years I would be unable to include it in my debt to income ratio. Due to a few new changes at the restaurant I am working at I am planning on leaving and will find a new serving position closer to my home. Will my leaving now affect getting a mortgage?

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