Sunday, April 23, 2017

Do mortgage companies not count work employment prior to age 18?

I started working in my profession at 14. There are some kids that do have enough income before age 18 to pay for a house.

A comment was made that it is IMPOSSIBLE for a 19 year old to have 2 years work history.

while rare, it is possible for someone 17 or under to make 30-50k/year… And have enough money to buy a house at 18-19.

Would the banks disregard the early income since this alleged professional in a related field said it is IMPOSSIBLE to have 2 years work at age 19?
Added (1). some people actually graduate high school at 16. I could have dropped out and easily got a GED if I wanted and gone to work full time.

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