Thread Starter: Anonymous
Title: Re: VOE Done AFTER Closing - Unemployed
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We have a situation where a VOE did not get done till after closing, and it came back that one of our applicants is no longer employed for "health reasons." The loan is in the rescission phase and has not funded. Can we refuse to fund the loan based on the change in employment status (especially if it appears the borrower did not deal with us in good faith regarding their employment status)?
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