How or with whom can I qualify for a loan with less than 1 year left on my employment contract?

I am currently waiting on the underwriter for approving my VA loan application. I am nervous that I might not qualify and would either have to start all over with a different bank or not even qualify at all for any loan, be it VA, FHA, or last resort a conventional loan. I called around a couple of banks and asked, if I don't qualify for my current VA loan and have less than a year on my contract, would I be able to qualify for any mortgage loan? I was told that they would need a letter from my future employer, saying that they will definitely hire me and what my income would be. I am more than 7 months out from my transition date from military into a civilian workforce. Also I do not know exactly when I am leaving the military; it might be a couple of months longer or less. It would be impossible for me to secure employment right now. I also signed a statement that I do plan on re-enlisting to make my commitment longer than a year, but I don't know whether that would make or break my case. I've been waiting for a week now and am worried that the underwriter will not grant the loan. What do you think I could do? I really want the house that is bank owned and don't want to lose it, because I was not able to qualify for a loan. I only have enough for a 10% down payment if I were to go with a conventional loan.Thanks in advance. by rmiors_934_764 from Fairfield, California. Apr 14th 2013 Reply