{"id":9539,"date":"2018-02-28T03:25:39","date_gmt":"2018-02-28T03:25:39","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=9539"},"modified":"2019-11-02T00:53:54","modified_gmt":"2019-11-02T00:53:54","slug":"voe","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/voe\/","title":{"rendered":"VOE"},"content":{"rendered":"<h2>VOE Definition<\/h2>\n<p style=\"text-align: justify;\"><strong>VOE<\/strong> (verification of employment) is the process through which a lender reviews the employment history of a borrower. The process allows the borrower to determine job stability and income history of the borrower to estimate their loan eligibility.<\/p>\n<h2>Explanation<\/h2>\n<p style=\"text-align: justify;\">Most borrowers disclose their employment history when filling out a Uniform Residential Loan Application (URLA) for a loan. Section IV on the Freddie Mac Form 65 or the Fannie Mae Form 1003 is the section where the borrower discloses their employment history. Other forms, such as Form 4506-T (for self-employed individuals), can also be used.<\/p>\n<p style=\"text-align: justify;\">Typically, mortgage lenders then verify the information provided by the borrower through phone contact with the employer. But lenders also request verification from employers through fax or email communication.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VOE Definition VOE (verification of employment) is the process through which a lender reviews the employment history of a borrower. The process allows the borrower to determine job stability and income history of the borrower to estimate their loan eligibility. Explanation Most borrowers disclose their employment history when filling out a Uniform Residential Loan Application [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/9539"}],"collection":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/comments?post=9539"}],"version-history":[{"count":0,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/9539\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/media?parent=9539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}