Kentucky First Time Home Buyer Programs For Home Mortgage Loans: Kentucky FHA Income Guidelines for Job time and I... : FHA requires you to establish that the income is in fact stable. I am covering Time on Job, Part Time Income, Seasonal Income and Job Gap... Kentucky FHA Income Guidelines for Job time and Income Requirements FHA requires you to establish that the income is in fact stable. I am covering Time on Job, Part Time Income, Seasonal Income and Job Gaps below. Time on Job There is not a minimum length of time a borrower must have held a position for the income to be eligible. However, the application must identify the most recent 2 years of employment. If the borrower’s employment history indicates that they were in school or in the military, then the borrower must provide evidence supporting this such as college transcripts or discharge papers. The current type of employment has to be supported by the college transcripts or discharge papers showing that he borrower’s tra...
