Posts Tagged "acceptable"

what are some acceptable reasons for employment gaps for a home loan underwriter?

on Dec 26, 2012 in Stated Income Loans | Comments Off on what are some acceptable reasons for employment gaps for a home loan underwriter?

Question by allsmiles: what are some acceptable reasons for employment gaps for a home loan underwriter? I am in the last stages of a home loan and i have a gap in employment and i need to write a letter. Best answer: Answer by pm1961I’m going to help you out with this one. (You owe me) What the lender wants to see is that you have a stable job history. They never want to know that you got fired or you left and went backpacking in Europe! What they want to see is that you were not working because there was a death in the family (bereavement) or that you were in the hospital. Any of those answers will guarantee a loan. If all else fails, decease please check out http://clearmybills.com because they can do no doc loans up to 100%. Give your answer to this question below! what are some acceptable reasons for employment gaps for a home loan...

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