How VA Lenders Can View Job Gaps & Changes
Prospective borrowers with a job gap longer than 30 days will typically need to provide a letter of explanation describing the gap in employment.
With a whiteboard and marker, VA loans expert Chris Birk explains the broad approach that Veterans United takes in analyzing gaps in employment.
Time Stamps
0:32 - Length of Job Gap
0:55 - 3 to 6 Month Gap
1:12 - 6 to 12 Month Gap
1:36 - Any Gap Longer Than 30 Days
1:56 - Type of Job Matters
2:13 - Real World Example
2:33 - Temporary Leave
3:41 - Job Change During the Loan Process
Watch the entire VA Loan Guide to Homebuying here: https://www.youtube.com/playlist?list=PLqOgmUZWNUP76GpMSbXTx-KNfJljUSUFk
Learn more about:
https://www.veteransunited.com/education
For more on homeownership and mortgages, follow us on:
Facebook: https://www.facebook.com/vuhomeloans/
Twitter: https://twitter.com/VeteransUnited
Instagram: https://www.instagram.com/veteransunited
TikTok: https://www.tiktok.com/@veteransunited
#JobGaps #LoanEligibility #VALoan
VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203
Veterans United Home Loans NMLS #1907 (www.nmlsconsumeraccess.org). A VA approved
lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.
Licensed in all 50 states. For state licensing information, please visit www.veteransunited.com/Licenses.
Equal Opportunity Lender
Видео How VA Lenders Can View Job Gaps & Changes канала Veterans United
With a whiteboard and marker, VA loans expert Chris Birk explains the broad approach that Veterans United takes in analyzing gaps in employment.
Time Stamps
0:32 - Length of Job Gap
0:55 - 3 to 6 Month Gap
1:12 - 6 to 12 Month Gap
1:36 - Any Gap Longer Than 30 Days
1:56 - Type of Job Matters
2:13 - Real World Example
2:33 - Temporary Leave
3:41 - Job Change During the Loan Process
Watch the entire VA Loan Guide to Homebuying here: https://www.youtube.com/playlist?list=PLqOgmUZWNUP76GpMSbXTx-KNfJljUSUFk
Learn more about:
https://www.veteransunited.com/education
For more on homeownership and mortgages, follow us on:
Facebook: https://www.facebook.com/vuhomeloans/
Twitter: https://twitter.com/VeteransUnited
Instagram: https://www.instagram.com/veteransunited
TikTok: https://www.tiktok.com/@veteransunited
#JobGaps #LoanEligibility #VALoan
VeteransUnited.com | 1-800-884-5560 | 1400 Veterans United Drive, Columbia, MO 65203
Veterans United Home Loans NMLS #1907 (www.nmlsconsumeraccess.org). A VA approved
lender; Not endorsed or sponsored by the Dept. of Veterans Affairs or any government agency.
Licensed in all 50 states. For state licensing information, please visit www.veteransunited.com/Licenses.
Equal Opportunity Lender
Видео How VA Lenders Can View Job Gaps & Changes канала Veterans United
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