Lenders now check LinkedIn to assess mortgage applicants

Buying a home feels impossible these days, right? High prices, crazy interest rates. .. it’s tough out there. You’re doing everything you can to get approved for a mortgage. But did you know lenders might be checking your LinkedIn profile?

Yep, that’s right. It’s not just about your credit score and bank statements anymore. Lenders are digging a little deeper.

Why LinkedIn?

Lenders want the full story. Sometimes, the information on your application isn’t complete. Maybe you forgot a job, or the dates are a little fuzzy. That’s where LinkedIn comes in. It can fill in the blanks.

One mortgage CEO even admitted that while they don’t have an “official” policy, they might take a peek. It helps them get a clearer picture of your work history. Things like:

• Job titles
• Company locations
• How long you worked there

It all adds up.

What You Can Do

How do you make sure your LinkedIn profile helps, not hurts, your chances? Simple. Make sure everything matches.

A senior underwriter suggests that your LinkedIn should line up perfectly with your loan application. This means:

• Same job titles
• Same locations
• Same dates

No discrepancies. Got it?

A Word of Caution

And one more thing: be careful what you post. Avoid anything that could raise red flags. Like what?

• Posts about financial struggles
• Complaining about your job

You get the idea. Keep it positive and professional.

The Bottom Line

Getting a mortgage is already stressful enough. But taking a few minutes to clean up your LinkedIn profile could make a big difference. Think of it as another piece of the puzzle. And who knows? It might just be the piece that gets you into your dream home.