changing jobs soon

**Max77** · 11-15-2009, 03:40 PM

I am seriously considering leaving my current job for one that I think will make me much happier and will eventually pay quite a bit more. The problem is, I was also hoping to refinance my existing mortgage pretty soon. If I were to be 'in transition' in the middle of the deal (in other words, if I were to leave my current job for the new job before the deal closed), would that jeapordize my refi?

Thanks for any info anyone might be able to share with me. I'm stressed about getting out of this job asap, but I also don't want to shoot myself in the foot!

**VegasAgent** · 11-15-2009, 08:09 PM

You should consult with your mortgage lender for the answer to this one. Often if the new job is in the same line of work as the old one it won't matter and you can still go ahead with your refi. But much depends on what type of work you do and the specifics of your personal finances. So you want to get your lender involved in the decision making process. You should tell your mortgage lender everything so that they can help you solve any potential problems before they become insurmountable.

**jasonthoele** · 11-15-2009, 10:14 PM

make sure the job change is within the same industry, your lender can explain that away. however a step up like construction to be a doctor may kill your chances... at least for awhile.

**jackdonam** · 05-26-2011, 11:41 AM

Appreciate your concern and comments. You would accede that with the change in Indian Society, humans are accepting such jobs. As professional, one may not necessarily look for brand name but for challenging roles the job may provide.

**Sabir** · 05-27-2011, 02:42 AM

Good i appropriate your spirit but for the future make decision what you are going to do. Better I'll suggest you to start things in which you are interested in.. That's what success will follow you afterwards..

**DreJon** · 05-27-2011, 10:59 AM

I would definitely hold off on changing your job before the refi closes. Depending on how you get paid (salary, commission, bonuses) it could destroy your refi.