Verbal Verification of Employment Template

A Verbal Verification of Employment form is used by lenders to confirm a borrower’s current employment status directly with an employer before finalizing a loan or mortgage transaction. The form records the borrower’s information, employer contact details, the date and time of the verification call and the name and position of the person providing confirmation.

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Verbal Verification of Employment form used by lenders to confirm borrower employment status with an employer

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Frequently asked questions

A Verbal Verification of Employment is used by lenders to confirm that a borrower remains employed shortly before a mortgage or loan closes. Rather than relying solely on written documents provided earlier in the application process, the lender contacts the employer directly and records the details of the conversation. The form captures employer contact information, the identity of the person verifying employment, the employee’s job status and the date of the verification call. This process helps lenders ensure that the borrower’s employment situation has not changed between the loan approval stage and final funding. Maintaining a written record of the verification call provides documentation that the lender performed this required employment check.
The form is typically completed by a lender, loan officer or mortgage processor who performs the verification call with the borrower’s employer.
The completed form is retained in the lender’s loan file as part of the borrower’s mortgage documentation.

Verbal Verification of Employment Template

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