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I'm already pre-approved and I'm actively looking for a house and would like to buy soon. I'm also actively interviewing with some companies right now. Would changing jobs with no gap cause any issues with the lenders while the house is being closed on?
Ask lender, there is a very specific window (like 1 week) where it would spoil your loan. Otherwise (before or after that week), you will be OK (assuming the new job has a higher or equal base salary)
It can, have to ask lender
Generally, yes. Depends on the type of lender. Also, pre approved means nothing. Once the offer get accepted then all the documents get reviewed again and they request additional documentation if needed.
Similar spot, told it matters if you’re changing professions, taking a significant paycut or going self-employed. Otherwise it should be a minor bump at worst.
Are you based in US? Or somewhere else
Yeah, USA
Just be aware that some lenders get confused if u switch job and your comp mix is different (ie lower base, allow of rsu/stock). Some dinosaur lenders still have challenges with pay structure of big tech especially if you don’t have a consistent history of earning in a similar fashion
It can be a pain but likely won’t jeopardize anything. Depends on the lender. 🤷♂️