No Employment Verification Home Loan – Good or Bad?
Are you discussing a no employment 검증업체 home loan with your mortgage broker? If so, you need to know whether your situation is good for a loan like this or not. There are some situation where a loan can be done this way, but it is not in the best interest of the owner of the home. Read on to discover whether your situation is good or bad for this loan.
The first situation is a good situation for a no employment verification home loan. This would be a situation where you are self employed and cannot show proper document to prove that the business is your or that it makes you the income you really make. This is the most common situation for a no employment verification type of loan.
The second situation is one that you should avoid this type of loan at all costs in. If you have been working at the same place for over 2 years, then not verifying your employment is silly. Any mortgage broker that tells you otherwise is infatuated with the commission that your loan would bring them and is not thinking in your best interest. Drop the mortgage broker and the loan immediately.
The last situation is another good situation to not prove your employment in. If you are a tipped employee like a bartender, server, hair salon worker, or any other tipped employee, then not verifying your employment might be the only way you can get a loan. Plus you probably don’t claim the bulk of your tips so your income is going to be higher than what you can show on paper so this is your type of loan.
Now you know a few good situations and one bad situation when it comes to a no employment verification home loan. Watch out for shady mortgage brokers that are just after a hefty commission and make sure you are getting a loan that will benefit you in the long run.