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Old 04-16-2014 | 10:08 AM
  #41  
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Stay in a junior seat (right seat narrow body) and as the years go by you will see phenominal QOL opportunities as almost everyone above you gets hotfoot and chases small raises and QOL trashing upgrades to be category plugs for much of their career. Then you can be senior reserve or day turn line holder, drop trips and be "part time" like you say. It may or may not take a few years to really get to that point though, so don't expect it right out of the gate.
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Old 04-16-2014 | 10:14 AM
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I posted a question in the finance thread, and don't mean to thread hijack, BUT:

How do you guys convince companies, mortgage companies in particular that we are full-time employees? The underwriter's of my particular broker is saying that since I only get paid for 72 hours a month (our guarantee), I can't possibly be full-time.

What mumblty-jumbo wording do I need to tell them? I don't want to ditch them altogether, I realize I may have to go to another broker/mortgage company, but I'm trying to work with them as much as I can.

Thanks!

(I posted in the finance thread, but not sure how many people actually go there to read)
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Old 04-16-2014 | 10:18 AM
  #43  
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Originally Posted by Lobaeux
I posted a question in the finance thread, and don't mean to thread hijack, BUT:

How do you guys convince companies, mortgage companies in particular that we are full-time employees? The underwriter's of my particular broker is saying that since I only get paid for 72 hours a month (our guarantee), I can't possibly be full-time.

What mumblty-jumbo wording do I need to tell them? I don't want to ditch them altogether, I realize I may have to go to another broker/mortgage company, but I'm trying to work with them as much as I can.

Thanks!

(I posted in the finance thread, but not sure how many people actually go there to read)
Just tell them youre full time salaried and your min guarantee is your min salary. Show W-2's for current typical salary if more (and needed). If they can't wrap their heads around this extremely common issue of a very large industry, they are too stupid to handle your mortgage and you should find another company that isn't idiots.
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Old 04-16-2014 | 10:22 AM
  #44  
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Originally Posted by Lobaeux
I posted a question in the finance thread, and don't mean to thread hijack, BUT:

How do you guys convince companies, mortgage companies in particular that we are full-time employees? The underwriter's of my particular broker is saying that since I only get paid for 72 hours a month (our guarantee), I can't possibly be full-time.

What mumblty-jumbo wording do I need to tell them? I don't want to ditch them altogether, I realize I may have to go to another broker/mortgage company, but I'm trying to work with them as much as I can.

Thanks!

(I posted in the finance thread, but not sure how many people actually go there to read)
Those guy's are idiots! All they should care about is what your W2 shows.
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Old 04-16-2014 | 10:32 AM
  #45  
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Maybe you guys are right. I may have to drop them.

I have had to submit a W-2 and my two latest pay statements, but they keep saying a full-time employee works a min 40 hour week.

Not sure how else to say it, they keep sending me emails verifying full-time status. I've lost out on two houses because of this.
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Old 04-16-2014 | 10:44 AM
  #46  
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Originally Posted by Lobaeux
Maybe you guys are right. I may have to drop them.

I have had to submit a W-2 and my two latest pay statements, but they keep saying a full-time employee works a min 40 hour week.

Not sure how else to say it, they keep sending me emails verifying full-time status. I've lost out on two houses because of this.
Absolute idiots. Drop them like a bad transmission.
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Old 04-16-2014 | 11:12 AM
  #47  
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Thanks guys, some good advise in financial thread.

So sorry for The thread jack, didn't think many guys checked out the financial thread, guess I was wrong.
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Old 04-16-2014 | 11:29 AM
  #48  
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Joined: Apr 2013
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From: Retired AF/A320 FO
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Originally Posted by Lobaeux
I posted a question in the finance thread, and don't mean to thread hijack, BUT:

How do you guys convince companies, mortgage companies in particular that we are full-time employees? The underwriter's of my particular broker is saying that since I only get paid for 72 hours a month (our guarantee), I can't possibly be full-time.

What mumblty-jumbo wording do I need to tell them? I don't want to ditch them altogether, I realize I may have to go to another broker/mortgage company, but I'm trying to work with them as much as I can.

Thanks!

(I posted in the finance thread, but not sure how many people actually go there to read)
I started a thread in military section on my mortgage issues as AF retiring and denied mortgage by several companies even with 800 credit, no debt, and 4x the loan amount in savings/investments. I will send you some info on a good solution.
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Old 04-16-2014 | 11:41 AM
  #49  
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At DAL, there are so few guys that go low, the Company isn't interested in a minimum schedule requirement. According to one of my union reps, it's not even on the Company's radar.

To answer your question, yes, if you are in base, you can go low on reserve or as line holder. It just takes learning how the contract works.
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Old 04-16-2014 | 11:42 AM
  #50  
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Joined: Apr 2008
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From: DAL FO
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Originally Posted by Lobaeux
Maybe you guys are right. I may have to drop them.

I have had to submit a W-2 and my two latest pay statements, but they keep saying a full-time employee works a min 40 hour week.

Not sure how else to say it, they keep sending me emails verifying full-time status. I've lost out on two houses because of this.
I'll add that they are probably amateurs if they can't figure it out. You could show them your TAFB (per diem hours) if they really want to know how much time you spend "at work." As others have said, if they can't distinguish between time at work and pay hours it's time to move along.

I've gone through the approval process for various undertakings with big/small/mom'n'pop mortgage companies, and have never had a problem getting them to recognize my income. Sounds like a warning sign to me.
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