I was pre-approved, found my home and on the day of closing the lender sent a denial letter, saying that she could not verify my employment and unable to verify income. I worked on contract as a home health aide, and when they call to verify, they told them, yes,I'm employed with the company I listed. The Lender started asking all types of other personal information about me, which lead to the person at the HR office, telling them my patient died, and they will send me on another contract, but i'm not working that very instant. My boss even had to speak to the lender and confirm that I was under contract with them. So I got the denial letter on the day of closing and now the seller is refusing to sign and release my earnest money. For reasons the bank listen, do they have a right to keep my EARNEST money?
1 month ago