Replies to This Discussion

Permalink Reply by Kimberly Bernheim on December 27, 2010 at 11:37am

Thanks So Much Tiffany!

Permalink Reply by Karyl Moore on December 27, 2010 at 1:13pm

Happens a lot.  Just have them sign a statement that they are unemployed. If they are getting unemployment pay, the lender will want to see a copy of the letter stating how much they receive and for how long.

Permalink Reply by Nancy Campbell on January 5, 2011 at 9:16am

If they are unemployed and do receive unemployment, but direct deposits to bank with no pay stub statement, you must show the deposits on the bank statements. I have circled the direct deposits and sent that in with an explanation.

I have also had those who do not collect unemployment that are unemployed, the letter must be type written with a hand written signature ... yes, picky, but that is what they required, they rejected an email by client.

Be patient and all will go good. Good luck.