Hi guys,

Im just wondering if it is okay if i quit my job after my house loan got approved. I already sign the loan papers with the bank

Im not happy where im working right now

This post has been edited by jerrydarry: Jan 3 2018, 10:58 AM

YES

Yes, you can as long as you're capable to serve the loan.

I had a colleague who used the company to get his mortgage loan approved then tender his resignation.

The bank wont cancel/void/pull back my loan if they know i already in notice period or quit?

Then bank probably cannot cancel/void after i sign my loan documents?

I've been in a similar situation. Although I waited until the money has been fully disbursed.

just do it... i resigned my last job after i signed my LO... lol.... still proceed smoothly in owning my house til now...

If you dont mind me asking, when was it?

two years ago... haha.... but currently i have frens doing the same too... change job after he signed his LO.... now already signed SPA and LA already... waiting for loan disbursement...

thanks! thats good to know. will send my resignation letter soon!

do know you when is the stage where the bank cant even do anything beside proceeding?

This post has been edited by jerrydarry: Jan 3 2018, 11:29 AM

Bank will only check financial background before approving the loan, so thereafter, probably they would not check anything anymore.

frankly speaking... after you signed your LO... bank wont check back the previous data already... as long as u able to serve the loan... they wont bother anymore... when they approved your loan... the job is already 80% done for them.. the rest is procedural and loan disbursement only...

Thanks man. You probably will help other people who read this in the future.