Have you heard that mortgage borrowers need 2 years on the same job to qualify? It’s a popular myth that is completely untrue. Many borrowers have far less than a 2-year employment history; as long as there are no gaps, clients are likely to qualify. Even if there are job gaps, Paramount Residential Mortage Group – and some other mortgage companies – will simply go back before the job gap to get the required length of employment history. Thanks to Brian, their sales manager, for reaching out with this information!
The Borrower Myth
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