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The remote work letter serves to confirm the terms of your employment and specifically states that you are authorized to work and live in a different area. To be valid, the letter should be signed and dated, stating that you will be a remote wage earner for a minimum of three years and not just temporarily.
The date you're writing the letter. The lender's name, mailing address, and phone number. Your full legal name and loan application number. Your explanation, with references to any supporting documents you're including.
You work remotely If your remote career is tied to an address in a city or state that is different from where you are buying a home, a lender may request that your company provide a letter of explanation verifying that your career (and income) will not be affected by your move.
Mortgage lenders usually verify your employment by contacting your employer directly and by reviewing recent income documentation. The borrower must sign a form authorizing an employer to release employment and income information to a prospective lender.
Here are some of the things mortgage experts recommend you include: The date you're writing the letter. The lender's name, mailing address, and phone number. Your full legal name and loan application number. Your explanation, with references to any supporting documents you're including. Your mailing address and phone number.