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getting mortgage approval when retiring from the military

Posted on: 03rd Apr, 2009 02:26 pm
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.
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.
Posted on: 06th Apr, 2009 07:44 am
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