If you change jobs during the process of getting a loan, here’s what you can expect…
The underwriter will want to see your first pay check at the new job at a minimum, and often they will want to see your first 30 days of paychecks.
The underwriter isn’t trying to make your life difficult by asking for your new paychecks. …This is a common guideline in the mortgage industry.
There is one circumstance where you can change jobs and not have to supply your new pay check prior to approval…
If you continue to work for the same company, but you are just changing jobs within that company then you won’t have to produce a new paycheck.
If you have more questions on this – don’t hesitate to give me a call or shoot me an email!
That’s it for today!
Have a good day! …and thanks for reading.
Brett
If you receive money from the State or a County sponsored organization for providing foster…
I wanted to address the two most common questions that I get regarding reverse mortgages……
If you purchased a home using your own cash, and now would like to pull…
I wanted to let you know we have a 2% to 5% downpayment and closing…
If you want to acquire rental properties, but you are having issues proving your income…
Do you need cash out of your home, but you don’t want to refinance the…