Buying a house with future start date

[tuyentran621]

Hello everyone, I am a mortgage broker and helping a Navy pilot transition into civilian world. He just got hired at Southwest airlines for a future start date in August 2023. He’s relocating his family and purchasing a home. We are closing in a couple of days. However, Southwest airlines does not do a verbal verification of employment for future start date and is preventing him from closing on his home. Everyone (recruiters) he has asked is refusing stating that Southwest airlines does not do verification for future appointment.

Has anyone experienced this and how did you get around it? Thanks for your help! 

[floridaguy]

Frankly, as a mortgage broker, you should have counseled your client on this.  No one is going to "confirm future employment" as doing so is predicting the future.  Southwest is not going to do that.

The best you can do is to show the money lender the offer letter. 

Every lender I know is going to look for evidence that you can meet the financial obligation.  If the individual is in-between sources of income, no lender is going to approve that mortgage.  You should know that.

I see this as your failure, not the individual or the money lender.

[floridaguy]

No response.  I guess looking for a "way around it" didn't work.

[dfwskier]

---

@floridaguy wrote:

No response.  I guess looking for a "way around it" didn't work.

---

The pilot has an offer letter. That should be good enough.

It was for me when I was in that situation.

[MichealDean]

Just wanted to jump in and give my two cents. One workaround could be to provide other forms of documentation, like the official offer letter or any written communication confirming the future start date. It might also help to check with the mortgage company for alternative solutions. From my personal experience, when I was in a similar situation, I found a fantastic mortgage specialist, Mortgage Broker in Bolton. They offered invaluable guidance on the fundamentals of obtaining a mortgage and made the whole process hassle-free, helping me avoid any potential difficulties.

[Passenger1C]

I agree with @dfwskier .  An offer letter should suffice ( at least that’s what makes sense to me ). 

[floridaguy]

I have concerns that a "mortgage broker" is supposed to be a professional, yet comes here and asks advice to the community at large because his client is in a pickle?

This really isn't the place for such questions since it is not relevant to Southwest Careers, it is relevant to obtaining a mortgage.

[leckberg6]

I've encountered a similar situation before. It's tricky when the employer doesn't verify future employment. We had to provide a written offer letter from the employer stating the future start date, job position, and salary.

[leckberg6]

It worked for us, but it might be worth checking with the lender to see if they can accept such documentation. Also, you could contact a Mortgage Broker in Sutton Coldfield for more details. Good luck!

[floridaguy]

This is another example of someone not doing their job.  If you are a mortgage broker, you should know better.

Just like in our neighborhood which is managed through an HOA.  We do not allow "for sale" or "for rent" signs, PERIOD!

I submitted a proposal that when we see these, we remove them and bill the homeowner a $1,000 removal fee and let them get reimbursed by the realtor who should have known better.