Can I be on a leave of absence and get a loan?

This depends on what your employer says when the verification of employment (VOE) is requested. If you were on "vacation" or "paid leave" or even "unpaid leave" it should not not be a problem other than to recalculate income. Find out what the VOE says and you will find out what your issue is. I've seen many HR departments completely mess up VOEs by using incorrect wording. Teachers are technically on unpaid leave for 2 to 3 months of the year, yet still have no issues with obtaining financing. If you are in CA and need assistance, feel free to contact me through my profile.

hi there: I'm a direct lender not a broker. If you'd like, I can get an underwriter to work around the leave of absence. As a lender, we don't have to sell loans immediately due to different loans scenarios like yourself in this case so have the flexibility. Your credit scores, employment history of 5 yrs plus etc is all taken in consideration. I lend in all 49 states except Alaska. Be glad to assist. Mike (703 505 5300) NMLS # 754875....Also have some questions for you should you contact me.

Sounds like you have an underwriter not working with common sense- this should be easily handled with a letter from the employer that you will be returning to your job after taking the exam- I assume your job is in the related filed of the Bar?