USDA has no guideline that requires a “minimum length of employment”. However, they do require a lender to use sound judgment. The problem is that this can cause variation in interpretation between lenders, so contact me first.
Related Article Title: USDA – Minimum Length of Present Job: Does a borrower have to be at their CURRENT job for a minimum of 1 year to qualify for USDA? Answer: Great question. I get asked this quite often. There is nothing in USDA RD regulations that says you have to be on the job […]