Job Letter Requirements – Mortgage Lender Conditions

LeahCoss.ca I want to talk about income verification, most specifically, your job letter. I will even get into a little bit on pay stubs. Now, for those of you who are standardly employed meaning that you are de salary, your full time hourly. Something where in your situation, lenders most likely just going to ask for a pay or your most last two most recent pay stubs and a job letter. I want to make sure that you are in fact getting the right type of paperwork with all of the information on it that you need, especially for those of you who are in like mom and pop type companies where it’s just you and some other person. Or they don’t have a payroll company doing the payroll for you. Here’s what the lender is going to want to see on a job letter. It’s very important that all of this information is included on it. The first thing it has to be on company letterhead. Now, even if your company doesn’t have a letterhead. You are going to have to make some. Put your logo in there and whatever you need to do but we are going to need some sort of company letterhead that the letter is written on. The second thing, obviously, it cannot be a hand written note. We are going to need this typed up professionally and the information that you are going to want is a date. A date is going to be good because you want to make sure that you actually work there today, that this isn’t a letter that you grab from like two years ago and since then, you’ve been fired or laid off or something. So …
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