Letter of Employment for a Mortgage
Lenders ask for an employment letter to ensure that you are financially prepared to pay off your loan. It is used for proof of income and your job status.
What should be included in an employment letter
- Your full name
- Job title
- Contact information for your employer including company name, address and contact information
- Start date of your position
- Annual salary or wage you’re making
- Length of time you’ve been employed
- Any other relevant details such as bonuses or commissions