(Closed) PLEASE HELP! In the process of closing escrow and the unthinkable happens…

posted 5 years ago in Home
Post # 3
Member
1556 posts
Bumble bee
  • Wedding: June 2010

I am not in that industry, but I can tell you than when my ex-husband and I applied for our first mortgage, he had just started a new job (literally, about a month earlier).  We were told that as long as the job is the same positition or an advancement in the same career path, and didn’t happen repeatedly, the underwriters would consider it a continuation of his previous employment….but I can’t say for sure if all underwriters view job changes that way or just the ones we had that time.

Post # 5
Member
5425 posts
Bee Keeper
  • Wedding: November 2012

I switched jobs midway thru our process.  It wasnt voluntary.  I was laid off and was lucky enough to have bounced back quickly.  But it sent a red flag since the position I lost I only had for 10 months.  You write a letter and thats it.  I dont even think they look at it. 

The topic ‘PLEASE HELP! In the process of closing escrow and the unthinkable happens…’ is closed to new replies.

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