School/College = Employment History; 30 Days on Job Is Enough

Lenders generally require a 2-year history of employment, as most people know. One exception to this involves borrowers who just graduated from college or trade school.

If a borrower just got out of school, all we need to qualify for a mortgage is a diploma (or transcripts), a valid offer letter and 30 days of pay-stubs.

Technically, a borrower’s schooling should be related to his or her field of employment, but we can often dance around this requirement with creative letters of explanation.

Jay Voorhees
Founder/Broker | JVM Lending
(855) 855-4491 | DRE# 01524255, NMLS# 335646