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Hi - I noticed in the contract that there is something about job verification after closing. This closing company sells all its mortgages. So, if the closing is in the middle of February,and the first payment is due in April, do I risk losing the refi if

by concerned from , . Jul 25th 2009 Reply


Nikitas Kouimanis (MrMortgage)
#7 ranked lender in New York - 118 contributions

they do a voe after the closing so this way in a situation like your where the bank is selling off the loan before the new lender that they were corresponding the loan with wants to make sure you are still working

Jul 27th 2009
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Debra Clark (Debra Clark)
#146 ranked lender in California - 42 contributions

They often do the verification prior to the closing, I have not ever heard of them doing it afterwards.

Jul 25th 2009
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