My job is good through the closing date and 1 week after closing, I have a new job. Is that OK?
No. Your current employer will be contacted very close to the closing date and it is likely it will be revealed that you are leaving the company in a few days. This will cause your loan to be denied or postponed until long term acceptable employment can be documented.
Learn more: Employment / Income Related Questions
- What if I want to change jobs just before or during loan application?
- My job is good through the closing date and 1 week after closing, I have a new job. Is that OK?
- I haven’t filed my taxes for this year (or previous years). Can the lender use the last two years that I have filed?
- I just filed today and the IRS can give me a printout that I filed. Will that be sufficient to close the loan.