| Situation | Typically |
|---|---|
| New salaried job, same field, past probation | Usually straightforward with an employment letter and recent pay stubs |
| Still on probation | Some lenders accept it, others want you past probation |
| Bonus, commission or overtime | Often averaged over two years, and may not count fully yet |
| New partner or associate (law, medicine, accounting) | Depends on the structure. Partnership income may be treated like self-employment, while some lenders have professional programs |
| Newly self-employed or incorporated | Usually needs a track record, often two years of tax returns |
The timing rule. The worst moment to change jobs is between your pre-approval and closing. Your lender will re-verify your employment before funding, and a change can mean starting the approval over. If a move is coming, tell your broker first, so you can plan the timing together.
