The rule states the following:
A borrower who has no verifiable employment for 6 months or longer is deemed to have a gap in employment.
- Any gaps in employment must be analyzed in order to make a final determination of stable and dependable income. An employment gap does not automatically render an applicant ineligible. Applicants with job gaps due to maternity leave, medical leave, relocation, etc. are considered to have employment continuity. Applicants returning to the workforce after leaving a previous job to care for a child/family member, complete education, etc. will require a 12 month employment history.
Kentucky USDA Mortgage Lender for Rural Housing Loans 