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1-800-CALL-FHA (225-5342) Insuring More Than 34 Million Mortgages Since 1934

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1. Stability of Income

Change Date

March 29, 2010


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4.D.1.cc. Analyzing a Borrower's Employment Record

When analyzing the probability of continued employment, lenders must examine


  • the borrower's past employment record
  • qualifications for the position
  • previous training and education, and
  • the employer's confirmation of continued employment.

Favorably consider a borrower for a mortgage if he/she changes jobs frequently within the same line of work, but continues to advance in income or benefits. In this analysis, income stability takes precedence over job stability.

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