Employment verification before closing

Anonymous · ‎05-18-2017

My LO says my April paystubs are good till July. I'm closing next week. Received my closing discloures already. Does this mean they do not want to do my employment verification before closing? Should I ask them to goahead and do VOE now instead of waiting untl last day because if the HR is busy in getting response to them, it will unnecessarily delay closing. What should i do? please advice.

H-B · ‎05-18-2017

The lender must have done written voe already. They will do verbal employment verification now. That's just quick call.

Anonymous · ‎05-19-2017

@H-B wrote:
The lender must have done written voe already. They will do verbal employment verification now. That's just quick call.

This^^^^^.. Congrats on your new home and enjoy it.

Anonymous · ‎05-19-2017

If my lender calls my employment on day of closing for verbal verification and my HR happens to be busy and did not return call (God Forbid), does that mean they have to move closing date? or can they let me sign papers and trying calling HR the next day and got verified? does these scenario works? I'm getting nervous that such silly things should not delay closing.

Anonymous · ‎05-19-2017

@Anonymous wrote:
If my lender calls my employment on day of closing for verbal verification and my HR happens to be busy and did not return call (God Forbid), does that mean they have to move closing date? or can they let me sign papers and trying calling HR the next day and got verified? does these scenario works? I'm getting nervous that such silly things should not delay closing.

QUIT STRESSING. It'll be fine.

Anonymous · ‎05-24-2017

From my experience, although not much, verbal voe would have been done before loan docs were sent to title. This is from my experience working with a wholesale lender.

Anonymous · ‎05-24-2017

Closing on 26th. Just called my employer to see if they received any VOE request and the answer was No. Perhaps, lender may skip the final VOE.. lol.. i dnt know..

Anonymous · ‎05-24-2017

I think all they do would be like does so and so work here? Should be pretty simple. So if it's not a written request, I don't know if they would realize someone called just to ask verbally.