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Loan was funding today....buyer quit his job Friday?

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Mortgage and Lending with Your Financial Coach

I had a purchase for an FHA signed on Friday. Today just befor funding they called to verify employment. "he no longer is working"! What!...so I get on the phone....the company says that he was laid off Friday because the job is finished. But he is a Union Construction worker, and is being hired back next Monday for another job. I guess that is the way this company works with union construction workers. But FHA is having a hard time with this. I am working to get a letter from the company that he is continueing to work. This is my first time running into this kind of deal killer....any help or suggestions....

Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
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No suggestions, only sympathy!  Let us know how it works out.

Jun 02, 2008 03:54 PM