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Does a lender verify telecommuting and relocation letters from employers?

by newtoga from Kennesaw, Georgia. Nov 16th 2015 Reply

Thomas Dasta (lendfm)
#32 ranked lender in Georgia - 55 contributions

I would need a little more detail but typically no. You can call me at 678-571-7433 if you want to discuss in more detail. Tom DastaCustom Mortgage Services

Nov 16th 2015
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,726 contributions

More info needed, but in general, and depending on the loan your applying for, your story must make sense.. and if it doesn't, then the lender will ask for a letter of explanation and they might also request supporting documentation... This is normal and happens all the time.. Example: your refinancing a primary residence, but the lender calls your employer to verify employment and your employer states your transferring to a different location out of state.. This scenario will cause concern from your lender.. Again, you were not specific in your questions, so it's hard to guess what your actual situation is, but regardless, you should be fully disclosing any of this information to your lender.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 NMLS# 226347

Nov 17th 2015
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