Thread Starter: MScarn6942
Title: Re: VOE Done AFTER Closing - Unemployed
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"2. I currently work outside of the home, and had been working for the company for about a year, prior to that I worked self employed and made a better solid income, but because of the 2008 mortgage fall out, I would not be able to apply for a first time home buyers mortgage. Now that we have closed, would I be able to go back to being self employed? or will the lender be able to back out of the committment?"
Anon, I don't have an answer to the first question, but they can't back out of the commitment unless it's specified somewhere on your note that they can do so. Read through that to verify, but that's not something I have ever heard of.
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