Buying A Home
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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.
starting new job prior to closing?????
I am currently working and have another job offer lined up for the fall school year ( it's a school year preschool teaching position) Currently I am a year round preschool teacher. Anyway it is looking like our potential closing time frame won't be until mid August. If I start this new position before we close, can it mess up us getting the financing for the house? I am also thinking of staying at the current job 2 days a week since the new position is only 3 days a week...would that help for closing because that way when they call to verify employment I would still be considered employed right?
Re: starting new job prior to closing?????
well I am hoping we close before but just in case I need a back up plan.....right now our hours are cut at my current job so I am really only working part time....so I figure worse case scenario I can just say I took a second job which will be 21 hours a week (also part time but it is the hours I want and the follows the school year calendar that I want so I can spend more time with my own kids) The new job is actually paying less but I will be gaining more time with my family.....I figure if I stay at the current job on Tuesdays and Thursdays and the "new" job on Mon, Wed, Fri then I hope it won't be an issue if we end up not closing until after the school year starts.................thanks for the info!
RIP Dr. Irving Fishman - 10/1/19-7/25/10 - thank you for holding on for me.
You made my wedding day complete.
Our closing has been taking extra time, but when it first started, I was only a month into my new job. We applied for the mortgage and showed my first pay stub, and then they also needed to do an employment verifciation. Our mortgage guy wasn't concerned about any issues.
The new job was a little bit extra in pay, but in the same line of work. Not sure if this had anything to do with it, but I was able to show all of my employment which shown an increase in pay and no lapse in employment...
We were conditionally approved, and met and documented any of the questions they had, but none of them had to do with my employment.
I would like to say we've closed, but we are still waiting on the seller to straighten up a few things, not related to my employment.
As everyone else mentioned, I would be up front with your lender and they will make sure you apply for the mortgage correctly.