One of the last things a mortgage lender will do is verify if the parties to the mortgage loan are still employed. This takes place at the end of the loan approval and before closing takes place. So, don't quit your job if you want to close on your home purchase or refinance.
Can one change jobs during the mortgage loan process and still get a loan? Possibly, but questions arise because the primary purpose of verifying employment is the ability to repay a mortgage loan. During the loan approval process a lender collects data regarding employment that they (0 comments)