Picking Up A Second Job To Secure A Mortgage: Is It A Good Strategy?

One of the main pillars for securing a loan is income and a strong housing market means you might need a little more to qualify for the home you have your eyes on. Can picking up a second job help you qualify and how long do you need to have it before it starts counting towards your application? Today we're talking all about income and the factors that come into play when you submit your loan application. Tune in to learn more about the role of income in mortgage applications and discover strategies to enhance your financial profile for a successful home purchase. Here's what we discuss in this episode: 0:00 – Intro 1:13 – When can a second job be used on a mortgage application? 2:27 – Focusing on eliminating debt 5:33 – Does the two-year threshold apply to a new primary job? 7:05 – Having a strong lending team on your side   CONTACT: Schedule a time to meet with Bill here: https://calendly.com/blitton/ Visit the Smart Mortgage Show website for more podcasts, videos and mortgage info: https://smartmortgageshow.com/ Call: 484-352-4151 Check us out on YouTube: https://bit.ly/3KbUxAF