To qualify using income from a second job, how long must the member have worked that second job?

To qualify using income from a second job, the member must have worked at that second job for a minimum of one year. This timeframe is crucial because it helps to establish a stable income history. Lenders typically seek assurance that income from a secondary source is consistent and reliable before considering it for loan qualification. A one-year history indicates that the income is likely to be ongoing, making it a valid parameter for underwriting decisions.

While longer employment periods can often strengthen an application, the one-year requirement serves as a foundational benchmark for demonstrating income stability and reliability from secondary employment. This practice helps ensure that the borrower is not over-leveraging themselves based on possibly volatile or uncertain income sources.