Legal Question in Employment Law in California
Home Loan
What questions can a lender ask an employer during a verification of employment check. I say just employed or not. My wife says they can ask how much you will be making.
Asked on 2/02/07, 9:29 pm
1 Answer from Attorneys
Michael Kirschbaum
Law Offices of Michael R. Kirschbaum
Re: Home Loan
If the employee authorizes it, the lender can ask anything that will help them determine whether to grant the loan, such as wage and the prospect of continued employment.
Answered on 2/07/07, 7:34 pm