Employment Offers or Contracts - Paystub Not Obtained Before Loan Delivery
This option is limited to loans that meet the following criteria:
- purchase transaction,
- principal residence,
- one-unit property,
- the borrower is not employed by a family member or by an interested party to the transaction, and
- the borrower is qualified using only fixed based income.
For additional information, see B3-3.1-09, Other Sources of Income.