As my luck would have it, I was laid off last Friday. I was in the process of getting my inspection done this week and had just signed the disclosures paperwork and already sent GFD to escrow. I have been told by one person who went through the same situation and one person who works with mortgages not to disclose this info. The latter said that they would only rerun my credit towards closing.
I am correctly working with the HR department to try and figure out if I can get another position in the same company and If that doesn’t workout I have 2 other options. End of the day, I know I’ll have a job by the end of the month, latest beginning of next month.
I am freaking out and don’t know if I’ll be able to not say anything. I am so afraid the lender will run another employment check towards the end of closing but I was told not to say anything if my closing date was set in the next few weeks (which it is: for 8/6). In top of everything we would have to break our current lease so I would be paying about $4K to do that… idk if I want to take my chances and break my lease for the lender to run another employment check…
Has anyone been in this situation? I would really love some advise because this happened all of a sudden and I don’t know what to do. TIA!