Let me know if you would like some recommendations. We have an excellent in house lender at my office in Kennesaw, 30152!
If you've been claiming income as self employed, call me to discuss how to structure your tax return (legally) in order to show more income, yet pay less tax. I doubt that you are W2 since PRN typically doesn't result in taxable income. Mortgage companies will not lend to people with temporary jobs unless you've been doing them for a long time. Seasonal workers or summer school coaches,, for example can use their income if working it for 2 years.
The good thing is you are asking this question in jkanuary during tax time instead of June.
If both of your employers pay you by W-2, then you will need a 24 month history of consistently working 2 jobs at the same time. You do not have to be with the same employer for 24 months though as long as just your base income is used to qualify. If you have not been working 2 jobs at the same time, then you can only use the income form your primary job.
Until you get properly Pre-Qualified, there is no way to really know your options. You can submit a Pre-Qualification request online at http://www.rodneymason.com.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | VA | USDA | GA Dream | Jumbo Financing
You are essentially self employed. What you describe is not unusual and if you have a 2 year track record of staying busy and providing reasonable income, I suspect your chances are pretty good. Ultimately until you meet with a good lender no one can approve or decline your application. I suggest you call the lender David suggested and see what you can accomplish. Best of luck.
David Brower, Realtor