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How long do I need to wait to quit my job after closing on a mortgage. I'm in Arizona.

by kimcbase-793 from South Holland, Illinois. Aug 14th 2020 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

If you are worried about the appearance of fraud, remember that fraud is all about intent. So, when you say, 'Quit my job". What is your intent. I'm leaving employer 'A' to take a better job at employer 'B'; I'm changing jobs to reduce my hours, but still have more than adequate income to pay my bills; I'm Retiring and collecting Social Security / My pension. These are all legitimated life events. If you can, I'd wait at least until you have made the first payment. As long as leaving the job does not jeopardize your ability to pay your bills timely, then there shouldn't be a problem. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.

Aug 18th 2020
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