VOE

Author Message
bmcneff

Guest






PostPosted: Wed Jul 28, 2010 7:15 pm    Post subject: VOE

My husband recently quit his previous job (assumedly on good terms) to go work for the competition for better pay, perks, etc. We have to move because the new job is too far to drive daily. The loan officer is insisting on a VOE. Unfortunately the previous employer is quite ridiculous and vengeful and will now not sign the VOE form. Is there any way around this as we have provided paystubs and W2's showing he worked there for the past 2 years??
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Icon Mini Profile smithsussane
smith.sussane



Joined: 18 Sep 2008

Posts: 6380
Location: Alaska
346.55 Dollars($)
PostPosted: Wed Jul 28, 2010 9:30 pm    Post subject:

Hi bmcneff!

Welcome to forums!

Unless the previous employer signs the VOE, there's hardly anything that can be done. Your husband will have to negotiate with the previous employer in order to get the VOE signed by him. If the loan officer doesn't get the VOE on time, he won't be ready to approve the loan.

Feel free to ask if you've further queries.

Sussane
Icon Mini Profile mortgageae




Joined: 26 Jul 2010

Posts: 5
Location: Florida
1.64 Dollars($)
PostPosted: Thu Jul 29, 2010 4:38 am    Post subject:

This is not all that uncommon. Ask the loan officer if the lender is willing to take a pay stub with with Year to Date totals.
Icon Mini Profile mortgageae




Joined: 26 Jul 2010

Posts: 5
Location: Florida
1.64 Dollars($)
PostPosted: Thu Jul 29, 2010 4:39 am    Post subject:

This is not all that uncommon. Ask the loan officer if the lender is willing to take a pay stub with with Year to Date totals.
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Free Consultation
Loan Type:
Property State:
Property Type:
Credit Rating:

Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

Explore the lender near you

Google Map Image








We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0