Can I get a new job while house hunting?

There are times that you can change jobs while looking to buy a house -- as the other have said. Talk to a lender and find out what the guidelines are for you particular situation. Some lenders have financing programs in house that bypass federally loan guidelines. Make that call!

Most importantly, Carlos, is to speak with your Mortgage Loan Officer about job requirements in order to secure an approval to purchase a home. Each situation is different, and they will be your best guide. Suggest, though, that you do not switch jobs during the house hunting and wait until you have closed on your new home. There are times, when a job switch may be allowed if it is in the same field of work. Again, speak with your Mortgage Loan Officer.

I would speak to your lender. Sometimes you are able if it’s in the same line of work. But either way, speak to a lender in detail. They will help guide you.

Don’t quit your current job until you secure your new home. Once that has been established then switch jobs. If you quit before securing your new home, many lenders will require you to work there for 2 to 3 years in order to give you credit to buy a home. Sometimes if it is the same line of industry it can help but lenders want to know that you have a stable income.

This is a great question to ask a reputable mortgage lender. Best advice I can give you is that you want to be in the steadiest position possible right before and especially during contract. Any sudden noticeable changes in occupation, marital status, large purchases, deposits and withdrawls, could trigger an underwriting audit.