Verification of employment
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  Verification of employment



Verification of employment

   Confirmation that a loan applicant is telling the truth about where he or she works and how much he or she makes.

RELATED TERMS
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Loan
A sum of borrowed money (principal) that is generally repaid with interest.



SIMILAR TERMS
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Verification
Confirmation under oath of the truthfulness of a statement.

Verification of deposit
Part of the loan process, in which a lender will ask a borrower's bank to sign a statement verifying the borrower's account balances and history.



PREVIOUS AND NEXT TERMS
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Vaulted ceiling
An elongated half-cylinder that arches above the floor.

Vendee
The purchaser of realty; the buyer. The buyer under a land contract.

Vendor
The seller of realty. The seller under a land contract.

Verification
Confirmation under oath of the truthfulness of a statement.

Verification of deposit
Part of the loan process, in which a lender will ask a borrower's bank to sign a statement verifying the borrower's account balances and history.

Verification of employment

Vested
Having the right to use a portion of a fund such as an individual retirement fund.

Vestibule
A small entrance hall or room.

Veteran's Administration
An agency of the federal government that guarantees residential mortgages made to eligible veterans of the military services.

Veteran's exemption
California war veterans may receive a $4,000 exemption on the full cash value of their homes.

Victorian style
An architectural style that dates from the mid-19th century.

This dictionary contains 6433 terms.
      












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