Mortgage Employment | home loans - mortgage refinance second mortage

home loans – mortgage refinance second mortage

July 15, 2009

do mortgage loan companies check your employment again before closing?

Filed under: Renting & Real Estate — Tags: Buying A Home, Job, Mortgage Companies, Mortgage Employment, Mortgage Loan Companies, Mortgage Loan Officers, Reason, Resignation, Two Weeks Notice — admin @ 10:01 pm

child_n_light asked:

I am planning on leaving my job for another after the 13 of July but we are in the middle of buying a home and I don’t want to give the mortgage loan officers a reason to question if we can afford it ( WE CAN). Can I put in my resignation now to give two weeks notice or should I wait until after we close in case the mortgage people check my status. Do they do that?

EMORY

Comments (6)

January 24, 2009

Mortgage loan – gap in employment due to lay off?

Filed under: Renting & Real Estate — Tags: 11 Years, 4 Months, Deal Breaker, Gap, Hiccup, Mortgage Employment, Mortgage Loan, Nerves, Turndown, Underwriters — admin @ 2:56 pm

dax asked:

We have been pre-approved for a mortgage loan. Now the underwriters are arguing w/ each other about whether or not they can approve us based on some guidelines in their handbook. (Some say sure and others say no). My husband was laid off due to economic turndown, but started working 4 months later for a new employer in the same industry. Other than the 4 month hiccup, he has been continuously employed in the same industry for 11 years. Could this actually be a deal-breaker? My nerves are shot. Advice please.

KRISTOPHER

Comments (1)