Mortgage application: Salary certificate -- advice please

Richards1983

Hi all - 

I'm living overseas and my employer is unwilling to potentially receive a phone call from an Irish lender to confirm the details on the Salary Certificate (part of my mortgage application).

Is this a problem for the banks? Or something that can be worked around?

Many thanks,
Conor

Samuel T. Cogley

I'd say that would be a pretty big problem alright. You might be able to work around it but I imagine an underwriter is eventually going to dig their heals in.

Richards1983

Thanks Sam -- have you had this experience yourself?
Cheers for your insight.

Samuel T. Cogley

Richards1983 wrote: »

Thanks Sam -- have you had this experience yourself?
Cheers for your insight.

Only with a long running saga of my bonus/commission needing to be phrased as one or the other for Ulster Bank (can't remember which), it would have made absolutely no odds to my employer to phrase it either way but we got into the battle of 'computer says no' on both sides.

Salary cert's weren't a problem otherwise but were one of the very first things asked for notwithstanding P60s and payslips and bank statements showing the wage payments.

Richards1983

Great -- thanks a lot, Sam. Really appreciate the feedback.

bbari

I have three mortgage applications. Banks (AIB and KBC) never called my employer to confirm. I guess when the figure on the salary cert matches with payslips, P60 and the bank statement then that give them enough comfort.

Richards1983

Ah right -- thanks a lot for the insight, bbari.

listermint

They never call. The salary certificate and stamp.of the company is enough.

I wouldn't have even bothered asking the employer and just ticked the box anyway

Richards1983

Thanks listermint, appreciate the insight.

Cathmandooo

Kbc made the call to my boss last year, he wasn't in and they never called back. There was no issue! Best of luck!

Richards1983

Thanks for that, Cathmandooo. I'd actually heard that they are the only bank who call. Good to hear that confirmed! Thanks again - Conor.

Gumbo

bbari wrote: »

I have three mortgage applications. Banks (AIB and KBC) never called my employer to confirm. I guess when the figure on the salary cert matches with payslips, P60 and the bank statement then that give them enough comfort.

Cathmandooo wrote: »

Kbc made the call to my boss last year, he wasn't in and they never called back. There was no issue! Best of luck!

I went through the process 2 years ago and KBC were the only bank to call my salaries department. That was even after getting the salary certs stamped.

Richards1983

Thanks for that, kceire. Seems they are the most rigourous, eh.