Applying for a loan but forced to change employment due to my company moving to another state

Assuming your going to work in the same line of work, and your pay structure is the same (w2, commissions, hourly, salary etc.. ), just a different employer, then you should be ok.. You will need to at least have one pay check from the new employer before you can close.. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

hi there: if you have another job lined up, we are fine with that. Is the job in the same line of work or different field if I may ask? I assume still w2 or ? Letter of explanation and a paystub will be asked for. We are a direct bank lending nationwide with flexible underwriting no guideline overlays...Any questions, please call me Mike 703 505 5300 mconvin@banchomeloans.com NMLS 754875

Bill hase given you the right information. To clarify, you wil need to show proof of income for 30 days on your new job.

If you have another job lined up in the same line of work and have similar pay, you should be fine. You will need to wait until you are able to provide at least 30 days of proof of income (two pay stubs) from your new job.

Give me a shout if you would like to discuss it but you should be fine. Just be aware that you will need 30 days of pay stubs. My company will allow you to start the process and send in the pay stubs just prior to closing.Will 207-671-8292

It isn't really a big deal... Just start at the job, get a pay check or two, and everything will be fine. JoeMetzler.com

Doesn't sount like a big deal at all. As long as it is basically the same type of work and no change to the type or amount of income you shoudl not have much trouble. I've had similar situations were all I needed was a hiring letter from the new company with a start date prior to when you close, plus an explanation from you.

If your job is in the same industry and line of work is either the same of greater ( meaning job promotion) and you have a current paystub or contract specifyingyou new employment, you should be fine. Your lender may ask for a letter from your new employer along with a verification of employment.

Sounds like you should be a strong borrower. If so, there is a pretty good chance that if you have firm written commitment from the new employer we probably could get you approved now, or possibly with closing after you close at the new company so we can call and verify that you have worked. I'm not licensed in Maine, but you could either call our National Lending Center 866-928-2968or our Boston/So. Shore office 603-848-0532