Real Estate

TD HELOC - employment verification

  • Last Updated:
  • May 9th, 2019 8:27 am
[OP]
Newbie
Jul 25, 2013
6 posts
2 upvotes
Vancouver

TD HELOC - employment verification

Did TD lender will call my current employer to verify my employment status ? Because I just got a job offer from other company now i’m thinking should I hold the offer or take it.

Thanks !
3 replies
Deal Guru
User avatar
Mar 23, 2008
13006 posts
9952 upvotes
Edmonton
camry298 wrote: Did TD lender will call my current employer to verify my employment status ? Because I just got a job offer from other company now i’m thinking should I hold the offer or take it.

Thanks !
What’s more important to you? The new job or the HELOC? You can always reapply for the HELOC later if you don’t need it right now.

C
Member
Jun 10, 2008
498 posts
375 upvotes
Halton Hills
I've done a couple of HECLOC's and they haven't called mine. They have asked for a more recent letter. That's it. They could have just called rather asking for an updated letter but didnt.
Deal Fanatic
Jul 4, 2004
7038 posts
3811 upvotes
Ottawa
Even if they call, I don't see the issue; even if you are contemplating a new position, just give them your current employer. If you don't change jobs, it's a non-issue, if you do, they might not love that you recently changed jobs but the reality is that people change jobs all the time.

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