Buying A Home
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Letter of Explanation ??
Can anyone give me a sample of what a letter of explanation is supposed to look like for employment history since DH has had 6 or more months between jobs?
Re: Letter of Explanation ??
Life and Love at #16 | our married life blog
Our mortgage broker handled all of these "letters" for us (my favorite being the one where DH and I gave permission to each other to use our money to buy the house since all of our accounts are joint). He drafted, we reviewed and signed. DH's employer also had to write one--they changed company names mid-year so he got 2 W-2s and the lender couldn't understand that he had only held one job at the same company all year ("But why are there 2 w-2s?")
I don't think the letters have to be anything fancy--ours certainly weren't. You just have to explain the situation.
My Valentine Bookends (2~13~13, 2~15~09)
Just type something up on a Word doc. No need to be fancy. 99% of the time, our loan officers just type up what the borrower said. The letters are generally not even signed, but must be done so at closing. Unless it is some really ridiculous situation, and the loan stands a chance of being declined.... or if its regarding occupancy.
Something like, "In 2010, I was laid off from xxx company due to reduction in workforce. I agressively applied for any and all positions that were in my job field. Due to the state of the economy, it took me six months to find a job that was a good match, and a salary commesurate with my experience."
I see this all day every day.