Value of full-time permanent employment

Lenders love borrowers with secure paycheques and steady employment history because they are less risk. So the tip is – stabilize your income! Lenders insist you have a minimum of 3 months with in any new job (can’t be on probation) and will want 3 years of your job history regardless. They will love it when you’ve been in the same industry or using related skills. When you jump around from odd jobs, don’t stay with any employer for long, have stretches of unexplained unemployment, that raises eyebrows. I will discuss self-employment in a separate post.