can i buy a house with part time job

can i buy a house with part time job

Can I Buy A House With A Part Time Job?

It may seem impossible to think you could buy a house with a part time job, but there are ways you can make buying a house with a part time job a reality. If you do your research, create a budget, and take the steps necessary to get approved for a loan, you can own your own home even while working a part time job.

1. Start by Calculating Your Income

The first step when attempting to purchase a home while working a part time job, is to take a realistic look at your current income. Calculate how much money you will take in each month after taxes and deduct any essential living expenses. From that number, you can start to understand what you can afford for a mortgage.

2. Get Your Finances In Order

Having a part time job also requires you to be organized with your finances. Spend time tracking your income and expenses, paying off any debt, and saving up for a down payment. You may even have to find ways to make extra money each month to increase the amount you are able to put towards a mortgage payment.

3. Research Mortgages

It is important to spend some time researching different mortgage options available to you. Consider low down payment options such as an FHA or VA loan. These loans are backed by the federal government and can offer you an opportunity to purchase a home with as little as 3.5% down.

4. Talk to a Lender

The next step is to speak with a lender and get pre-approved for a loan. A lender will review your credit, assets, and income to determine whether you qualify for a loan. Be honest and transparent with them when discussing your employment and income.

5. Seek Help

There are many programs available for homebuyers with lower incomes. Start by researching organizations like Habitat for Humanity or work with a Housing Counselor. They can provide guidance and resources to help you during the homebuying process.


Buying a house with a part time job requires you to do research and be financially prepared. You need to know what you can afford and take the proper steps to get pre-approved for a loan. Considering low down payment mortgage options and seeking help from non-profit organizations and housing counselors can assist you in meeting your goal of becoming a homeowner with a part time job.


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