Can I use a second job to qualify?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
Yes. Income from a second job counts once you have about a two-year history of working both, showing the extra income is stable. A second job started last month usually can't be counted yet.
We'll review the timeline of both jobs and, if the history holds, add the second income to expand your price range.
Second-job income rules
A second job can count with a two-year history. Lenders want to see you can hold both roles steadily. Consistency is the whole game.
Started the second job recently? It may not count yet. Once you have the track record, it adds real power to your file.
Two jobs, one Florida home
Working two jobs to buy a home is common here. That extra income should help you qualify. We document it the way lenders expect.
Bring pay stubs and W-2s for both roles. We will add up what counts and set your price range.