Likeliness of obtaining mortgage as young career starter?

firsttimehomebuyer02

Hey all,

So out of school and I have been employed for the last 2.5 years with the same employer. My question is, is it too early to start looking into obtaining a FHA mortgage as a first time home buyer with little (considered to many) credit history and earning history given my back ground?

First, I have been making decent money with my job and it's likely I will continue and stay with them. The first year, I made roughly 40k and the second 80k, and on track to surpass 80k so this year. Prior to, I was only making around 20k a year working part time jobs through school. With my credit, I started building it around 1.5 years ago with car, school loans, and credit card and my score is currently around 750. I also have lines of credit dating back the past 3 years with rent, utilities, etc. All on time, and things like furniture paid of early.

But with only having one year truly making decent making and likely to continue, is it enough to be passed by an underwriter? I have already started talking to a bank and the mortgage rep said I should be fine, considering I was approved for 250k and interested in a house that's only 150k. But I would like some feed back by others who have been in my shoes or any professional opinions on the likeliness.

Thanks!

kingstreet

Are you in the UK, or elsewhere?

Some of your idioms suggest you are not UK resident and therefore any answer will have limited value.