Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!
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 Apr 14 2013, 09:29 PM
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#1
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Junior Member
66 posts Joined: Apr 2007  
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Hi, would like to know what are the details that banks need to verify with employer? Will the bank divulge to the staff answering the call that we're applying for home loan etc?
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Apr 15 2013, 06:34 PM
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#2
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Junior Member
66 posts Joined: Apr 2007
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QUOTE(wild_card_my @ Apr 15 2013, 12:59 AM) It depends. For some banks, they would not give a phone interview if: Thanks. Got a lot of kepoh OLs got time to layan and insist the bank to tell them more info instead. a. The pay slip shows the company is a Multinational Company (MNC) b. Letter of employment and confirmation is given. It really depends on your luck too, if they suspect something amiss, they will call. But who in the company has the time to layan them?   |
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Apr 16 2013, 10:31 PM
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#3
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Junior Member
66 posts Joined: Apr 2007
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QUOTE(wild_card_my @ Apr 16 2013, 12:39 AM) I see. Well the bank has to do their due diligence. But when it has enough evidence that the client is not lying to work in the company he claim to be working for, then the bank dont have to waste their own time to call the client's employer. Thanks!  Good luck with your loan search! |
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