Fannie Mae, Freddie Mac & FHA – Unemployment Job Gap: Can someone with a 6.5-month unemployment gap who now has a stable job be eligible for financing, if it is less than 6 months?

Answer – Fannie Mae and Freddie Mac Say: There is no specific waiting time listed in the selling guides (for either Fannie or Freddie) that require a borrower to be back to work for six months. You can see that all that is required below is the borrower must explain their employment gap, and there […]

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