This is a YouTube video titled "Starting a New Job while getting a Home Loan?" containing a single-speaker explanation about qualifying for a mortgage using income from a new job contract before actually starting work, recorded on October 22, 2021. The speaker discusses how future income can be verified and used for mortgage qualification.
Did you know if you're starting a new job, we can still use the income from that new job as long as you have a contract even before you actually start working there. So the contract, as long as it shows it's a full time position and it guarantees a salary or hourly income amount, we can go off that future income to qualify your mortgage. And worst case, we might have to come back after closing and collect pay stubs to show that yes, you indeed work there. But we verified all with the employer right up front. So that is qualified income to close on your home.
