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There's that magic number again -- two years. This is usually the employment requirement for a conforming mortgage loan. You must have continuous employment for at least two years. Granted, there are exceptions to every rule. And we will talk about those exceptions in just a moment.
When you apply for an FHA mortgage loan, you're required to submit information on your past and current employment; the name of the company, gross income, how long the job has lasted, and other relevant information.FHA Loan Limits.hen you apply for an FHA mortgage loan, you're required to submit information on your past and current employment; the name of the company, gross income, how long the job has lasted, and other relevant information. FHA Loan Limits.