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ericabl1

306 Posts

Posted - 07/17/2008 :  12:41:28 PM
client is a nurse 6 years same job in TN.jist took a new position in Fla. at a 34 percent raise-only on new job one month but has an annual contract
Will bank use new salary ?
BB

989 Posts

Posted - 07/17/2008 :  12:50:44 PM
Yes
ehm3

978 Posts

Posted - 07/17/2008 :  7:15:40 PM
maybe not...one year contract=problems

If you can get the employer to say its probable that the contract will be renewed then you should be OK. Its a grey area otherwise and open to interpretation, hope you get a nice UW :)
TheMoneyStoreguy

301 Posts

Posted - 07/17/2008 :  7:24:17 PM
If you have any issues with this let me know. We will take the new income.

just in kase

463 Posts

Posted - 07/17/2008 :  8:47:41 PM
provide a the most current months paystub, using only base salary to qualify.
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