how does switching jobs effect my ability to get pre-approved?

Can a borrower go from being self-employed to W2 job and qualify for a mortgage?

Dec 27, 2024 3 min read employment

Yes, a borrower can switch from self-employed to W2 job and get qualified for a mortgage. How long the borrower will need to be at the new W2 job will depend upon the type of W2 income they get (salaried vs hourly vs commission).