getting mortgage approval when retiring from the military

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ladyj1977@yahoo.com

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Post Posted: Fri Apr 03, 2009 2:26 pm    Post subject: getting mortgage approval when retiring from the military
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My husband is retiring from the military in September, however he goes on terminal leave in June. We have tried to get preapproved for a mortgage, but were unable to because he was within 12 months of retiring. Currently he has a job offer in the same line of work, but it's in the preliminary stages. My question is that once he has a new job lined up, how do you prove retirement pay? He is planning to start a new job around July 1 (and is able to do so because of the terminal leave), but will not technically be retiring from the military until Sept. I know I'm probably not being very clear, but any input is appreciated.
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Post Posted: Mon Apr 06, 2009 7:44 am    Post subject:
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Hi

I think he will have to wait till he gets the job. Once he joins the new job, he would be able to qualify for a loan.
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