A third-party VOE documents your employment
FHA VOE-Only
When the usual paperwork does not tell the whole story, the FHA VOE-Only program keeps a strong file moving. It is built for borrowers with steady employment and verifiable income: less documentation to assemble, a faster decision, and none of what FHA requires loosened along the way.
Program requirements
- Qualification by VOE only, through approved third-party verification vendors
- No tax returns required
- Bank statements for assets, as needed
- 3.5% minimum required investment, sourced
- FHA appraisal required
- Credit scores down to 580
- Fast turn times: closings in as little as two weeks
Guidelines vary by program and by borrower profile, and are subject to change. Contact us for current terms.
*Rates shown are for illustrative purposes only, are not a commitment to lend, and cannot be guaranteed in regards to your individual financial position by Mr. Mortgage Capital Corporation. Actual rates depend on credit profile, loan-to-value, occupancy, property type and other factors, and are subject to change without notice. For the most accurate and personalized results, we encourage you to seek advice from one of our qualified financial professionals.
What a VOE actually is
A Verification of Employment is a report an approved vendor pulls straight from your employer’s payroll records: job title, start date, and what you earn. The data comes out of the employer’s system, not out of documents you have to hunt down — which is exactly why it works when assembling the paperwork is the thing holding you up.
Everything else on the loan is ordinary FHA: the county limits, the mortgage insurance, the appraisal. Only the way your employment gets proven changes.
FHA VOE-Only
A flexible route for borrowers who meet FHA guidelines but do not have the traditional documentation ready to hand. Tell us where you work and how long you have been there, and we will tell you in one conversation whether your file fits.