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Relocating

Are you considering relocating your federal career - either by your choice or by Uncle Sam? There are practical issues and concerns to think about when deciding whether or not to relocate. Others have done it while still others have not. This forum will allow for all to offer their insight, post their questions, and help each other out.

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Losmonroe11  
#1 Posted : Wednesday, July 14, 2021 3:34:35 PM(UTC)
Losmonroe11

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I am going to be a new fed employee. I received a TO and was just finger printed and waiting on E QIP to arrive. My agency is trying to get my intern clearance. I want to purchase a house prior to moving down. Has anyone used a TO to apply for a mortgage or do you just typically use your old jobs pay stubs for an out of state move/new house? I don’t know if the old pay stubs for an out of state house is a red flag for a mortgage lender or what most people typically do in this situation. I don’t want to rent and then buy bc it’s throwing money away as well as a security deposit with dogs.

FYI I’ve never applied for a mortgage or owned a home before. So this process is all new to me.
GWPDA  
#2 Posted : Friday, July 16, 2021 5:43:20 AM(UTC)
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This is the kind of question to ask your potential mortgage lender. And it's "interim" clearance.
djp  
#3 Posted : Friday, July 16, 2021 1:16:40 PM(UTC)

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Wait till official offer

Thrn talk to a mortgage lender
FatHappyCat  
#4 Posted : Wednesday, July 21, 2021 10:14:29 AM(UTC)
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Originally Posted by: Losmonroe11 Go to Quoted Post
I am going to be a new fed employee. I received a TO and was just finger printed and waiting on E QIP to arrive. My agency is trying to get my intern clearance. I want to purchase a house prior to moving down. Has anyone used a TO to apply for a mortgage or do you just typically use your old jobs pay stubs for an out of state move/new house? I don’t know if the old pay stubs for an out of state house is a red flag for a mortgage lender or what most people typically do in this situation. I don’t want to rent and then buy bc it’s throwing money away as well as a security deposit with dogs.

FYI I’ve never applied for a mortgage or owned a home before. So this process is all new to me.


I just closed on a mortgage and the underwriter wanted 2 months of pay. They did have a raised eyebrow of my current position which I only help for 6 months at the time, but they also look at your tax returns to see your income trend.

Personally, I wouldn't buy with a TO or even a FO. Anything can happen until you actually swear in...
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