Kevin asked:
I lost my full time job as a civilian pilot and am default on my home mortgage. I have been accepted as a pilot into the USAF Reserves. How will various outcomes of losing my home affect my ability to pass the Air Force Background Security Check? Such as a loan modification, short sale, deed in lieu of, or foreclosure? Possibly filing bankrupcy as well?
ALEJANDRO
I lost my full time job as a civilian pilot and am default on my home mortgage. I have been accepted as a pilot into the USAF Reserves. How will various outcomes of losing my home affect my ability to pass the Air Force Background Security Check? Such as a loan modification, short sale, deed in lieu of, or foreclosure? Possibly filing bankrupcy as well?
ALEJANDRO
ARTURO
Anything that affects your credit rating can cause problems. I would talk to a credit councilor and see what the best course of action is. Good Luck
Vet-USAF
Comment by NAZGUL — June 6, 2009 @ 8:31 pm
BLAKE
As long as you are honest about it, and explain that because you lost your job, you are in default, it will probably be considered a mitigating circumstance.
Things like job loss, divorce, etc. can be looked over because you had very little or no control over the circumstances.
Why go reserves? Why not go active? You make a LOT more money and the benefits are much better with active duty.
Comment by Shutterbug Mama — June 9, 2009 @ 5:28 am