Managing mortgage applications with part-time income can feel like a puzzle you're not sure how to solve. You're not alone in feeling uncertain about how your income will be viewed by lenders. At National Mortgage Home Loans, we understand your situation and have helped many borrowers like you achieve their homeownership goals.
”At NMHL, we work with borrowers in exactly this situation every day. We understand the uncertainty, the frustration, and the worry that comes with navigating a mortgage during a significant life event. You are not alone, and your situation does not have to be a barrier to homeownership.
Our licensed loan officers specialize in finding the right path forward for borrowers in complex circumstances. Whether your situation requires specialized documentation, alternative qualification methods, or simply a lender who takes the time to understand your full financial picture, we are here to help you move forward with confidence and clarity.
Your Path Forward
Proven Solutions for Your Situation
Bank Statement Loan Program
Our Bank Statement Loan program considers 12-24 months of bank statements to verify your income, making it ideal for self-employed or part-time workers with non-traditional income.
FHA Loan Options for Part-Time Workers
FHA loans through NMHL offer more lenient credit score requirements and lower down payments, making them a great option for part-time income borrowers who may not qualify for conventional loans.
Personalized Pre-Approval
Get pre-approved with NMHL and discover how much you can borrow based on your unique financial situation, including your part-time income.
Personalized Guidance for Your Situation
No two mortgage journeys are alike. Our experienced advisors take the time to understand your unique circumstances and find the best path forward.
What Our Clients Say
Real reviews from Google — no cherry-picking
Nationwide Coverage
Find Local Help in Your State
Our Presence
Click on endorsed states to see our direct resources!
Understanding Part-Time Income Mortgage Options
As a part-time worker, you're not alone in wondering how your income will be viewed by lenders. At NMHL, we've helped numerous borrowers in similar situations achieve their homeownership goals. Our loan programs are designed to accommodate non-traditional income sources, including part-time work.
We'll work with you to determine the best loan option based on your unique financial situation. Whether you're self-employed, work multiple part-time jobs, or have a non-traditional income stream, we have the expertise to guide you through the mortgage process.
Get started with a no-obligation consultation to explore your mortgage options
Bank Statement Loans for Part-Time Workers
Our Bank Statement Loan program is designed specifically for borrowers with non-traditional income sources. By analyzing 12-24 months of bank statements, we can get a more accurate picture of your income stability and qualify you for a mortgage.
- No tax return required
- Up to 95% financing available
- Competitive interest rates
This program is ideal for part-time workers who may not have a traditional income verification path.
Check your eligibility for our Bank Statement Loan program today
FHA Loans for Part-Time Income Borrowers
FHA loans through NMHL offer more lenient credit score requirements and lower down payments, making them a great option for part-time income borrowers. With credit scores as low as 580 qualifying for FHA loans, you may be surprised at how easily you can qualify.
Our experienced loan officers will guide you through the FHA loan process and help you determine the best loan option based on your financial situation.
Explore your FHA loan options with NMHL today
Getting Pre-Approved with Part-Time Income
Getting pre-approved for a mortgage with part-time income is easier than you think. At NMHL, we'll review your financial situation, including your income, credit profile, and debt obligations, to determine how much you can borrow.
Our pre-approval process is fast and straightforward, with multiple loan program options available. We'll work with you to find the best loan solution for your unique situation.
Get pre-approved today and take the first step toward homeownership
Frequently Asked Questions
Yes, NMHL offers pre-approval for part-time income borrowers. We'll review your financial situation and provide a pre-approval letter stating the approved loan amount. Typically, you'll need to provide 12-24 months of bank statements or other income documentation.
Lenders typically calculate debt-to-income ratio by dividing your total monthly debt payments by your gross income. For part-time workers, NMHL considers alternative income verification methods, such as bank statement analysis, to get a more accurate picture of your financial situation.
While credit score requirements vary by loan program, NMHL's FHA loans accept credit scores as low as 580. For other programs, credit scores between 600-650 are often considered acceptable. We'll work with you to determine the best loan option based on your credit profile.
Yes, NMHL considers 1099 income for mortgage qualification. We'll review your 1099 forms, business financials, and other documentation to determine your income stability and qualify you for a mortgage.
Mortgage processing times vary depending on the complexity of your financial situation. On average, NMHL closes part-time income mortgages within 30-45 days. Our experienced loan officers will guide you through the process and keep you informed every step of the way.