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I make 6 figures a year for the last 3 years but I typically get laid off for a month or two every year.. The lender is not happy with that fact. They’ve sent a form to my employer [Verification of Employment] for some reason my employer has not filled it out, I don’t whats so daunting about it but I don’t really want to start sending my employer nasty emails to hurry it up..

I don’t understand why they need it in the first place.. the loan amount is 140K and I have 70K in the bank with no debt what so ever. I have a 5 year history with my company of 80-130K/year. Will getting my folks to co-sign on the loan help get past this VOE issue?

This is terrible, I never thought getting a home loan would be so taxing.
I’ve called too, I work for a small employer and I think our HR lady is on vacation. My closing date is getting very close…
Yeah I’ve called her home, 4 times.. She says she’s working on it, along with our billing lady and office guy. I’ve tried to get them to change my mailing address many times too to no avail. She does taxes and payroll for many companies, basically in business for herself. I keep getting pointed to her by our office personal.

Should I try the owners of the company or just keep on our HR lady? I just hate to keep bothering them about the same thing.

3 Thoughts on Mortgage loans.. Employer not filling out VOE.. Help!?
  1. Reply
    Steve D
    February 10, 2014 at 2:28 pm

    Co-signing will probably not help. Almost all underwriters require verification of employment (because almost all investors require verification). Unluckily, all you can do is wait it out.

  2. Reply
    A Hunch
    February 10, 2014 at 3:08 pm

    My guess is she also does taxes for these companies and until today, your VOE is in the lowest importance pile she has.
    – If I was you, I would complete the paperwork and leave the signature line blank.
    – Don’t bother her until Wed and then call and ask, “I’ve got the form all filled out for you. I was hoping I could swing by and get it signed”.

  3. Reply
    Beverly S
    February 10, 2014 at 3:49 pm

    First off the person who told you to fill it out is trying to get your loan denied. You can’t even touch the form. There are many questions on it that you wouldn’t know how to answer- such as how much bonus income/overtime income for each of the last 3 years.. Since your lender has your tax returns & W-2 forms already they match it to the VOE. A VOE is required on all loans. If you don’t get it, you don’t close. I’m surprised your employer isn’t familiar with them.

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