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employment history
#1
The guideline requires 2 years employment history. Before applying a loan, a client misses the last year employment because of sickness, then just started working this year. She got 4 years employment earlier before she got sick.
 
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#2
That is no problem. You can have gaps in employment. If you have been unemployed for more than six months, then you need to be in your current job for at least six months. If you have been unemployed for six months or less, then there is no seasoning requirement and all you need is to have a written verification of employment from your new full time employer stating that you are full time employee status. You need to provide 30 days of paycheck stubs before you can close on your mortgage loan. Two year employment history is overall employment history.

Here is an article in gaps in employment

http://gustancho.com/gaps-in-employment-...ification/

 
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