Might build a new house in IL. Currently, live in VA.
My wife and I live in Virginia and work from there; both of us have a remote position so moving to Illinois will not be a problem. Our apartment lease ends in April 2022, but we are thinking of canceling our lease early in November 2021 and move in with my parents in Illinois until the new house is completed (haven’t signed a contract yet). However, since we both work in Virginia, our current pay stub has Virginia’s apartment address on it and one of the bank accounts also has the Virginia address.
This was a temporary move for us so I didn’t change addresses on other accounts. I have an IL driver’s license and my wife has a VA driver’s license.
The builder is going to send us a contract first week of October and once a contract is signed, we will fill out their conditional loan application. I doubt there will be enough time to change the address to go in effect for bank accounts and pay stubs. If I use my parent’s address on our loan application (the same address on my IL driver’s license), will this cause any issues in the loan approval process?