What is a 'verbal verification of employment' (VVOE) and when is it typically completed in the loan process?
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A
A phone call to the borrower's employer to confirm current employment, typically completed within a few business days before closing
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B
An email sent to HR confirming employment at the time of application
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C
A written statement from the borrower about their job history
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D
A credit bureau inquiry that verifies employer information