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Loan application time lo job change


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Posted

Next week job change avutunnanu and loan application ki documents submit chesa planned closing date is 04/15. Should we inform loan officer about my job change ? Will they ask latest paystub or contact the old employer before closing?

New Base salary become 1.5x and with stocks 3x of the current salary.

Posted

Yes.. they will check before closing the loan.. 

let them know and you can also send them the offer letter if they ask for it.. they just want to make sure that you have a job.. 

  • Upvote 1
Posted
41 minutes ago, Thokkalee said:

Yes.. they will check before closing the loan.. 

let them know and you can also send them the offer letter if they ask for it.. they just want to make sure that you have a job.. 

Will i run into any issues even after sharing the offer letter?

Posted
48 minutes ago, AryaD said:

Next week job change avutunnanu and loan application ki documents submit chesa planned closing date is 04/15. Should we inform loan officer about my job change ? Will they ask latest paystub or contact the old employer before closing?

New Base salary become 1.5x and with stocks 3x of the current salary.

Yeah let them know .. Share them offer letter if they asks .. Its not a big deal

Posted
4 minutes ago, AryaD said:

Will i run into any issues even after sharing the offer letter?

No.. before giving you such a huge amount as loan they want to make sure you are employed and you can pay the loan every month.. they may delay the closing to verify this (1 or 2 days if you inform late) but it is fine.. but better let them know in advance.. 

Posted

Its better to work for 1 more month once closing is done. you can change your job

Posted

Inform chey nenu similar situation lo chesa. They delayed my closing. Once you start your new job they need atleast one or two paychecks and worknumber lo nee details with new client undali. So it probably it might take another month after joining new job. Talk to them. 

Posted
21 hours ago, ranam_007 said:

Its better to work for 1 more month once closing is done. you can change your job

i can't delay. Accepted offer in January and h1b transfer done last week. Need to join asap.

Posted
13 hours ago, cisco_sastry said:

Inform chey nenu similar situation lo chesa. They delayed my closing. Once you start your new job they need atleast one or two paychecks and worknumber lo nee details with new client undali. So it probably it might take another month after joining new job. Talk to them. 

Naadi FT job baa and full remote option. so work number emi vundadhu. How many days before closing you informed about job change? Nenu last week documents submit except one bank statement and they are waiting on to  submit that as well. I am at the early stages of loan processing. 

Posted

Yes, you can do. There won't be any issues. Em company bro... antha hike

Posted
3 minutes ago, rowdimogudu said:

Yes, you can do. There won't be any issues. Em company bro... antha hike

FAANG laantidhi bro.

Posted
1 hour ago, AryaD said:

Naadi FT job baa and full remote option. so work number emi vundadhu. How many days before closing you informed about job change? Nenu last week documents submit except one bank statement and they are waiting on to  submit that as well. I am at the early stages of loan processing. 

Nadi kuda fulltime bro … you will have worknumber or some other way your loan officer can check employment online.  Nadi inventory home so 30 days lo close cheyalsindi at the same time nadi fulltime job start unde then I informed them then they delayed the closing.

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