Q: Girlfriend and I bought a home, she quit her job prior to closing and the lender is questioning us.
My girlfriend quit her job 5 days before closing because it was too stressful so she is in works of getting new job just on-boarding. I could pay the mortgage on my own and we have yet to have a payment but I would be able to pay them all on time on my own. If they didn’t reverify her employment at closing can they legally hassle us after closing about her not currently being employed if we haven’t had a missed payment yet, which will not happen. The loan officer we had assigned to us called her today to talk to her about it and questioned her about whether or not she could get the job back, but she really doesn’t want to work for Cuyahoga County as a social worker because Cleveland is pretty rough and they are understaffed because no one wants to work there. The loan officer said they could ask us to pay in full the loan or for close on the house, which I don’t understand why it would get that serious if I pay the payments on time.
A: The lender would have to specify what specific term of the mortgage has been breached to call the loan. Use the Find a Lawyer tab to retain a local attorney to review the mortgage and what the lender is telling you, and to respond to the lender on your behalf.
Bruce Alexander Minnick agrees with this answer
A: If the closing has already occurred you are on safe ground. If not, the lender may balk.
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