A letter of employment for a mortgage is a document your employer provides that verifies your employment status and income. It’s crucial in the mortgage application process. Lenders use it to assess your ability to repay the loan, ensuring your job is stable and your income is consistent. This letter typically includes details like your position, salary, length of employment, and sometimes, the likelihood of continued employment. It’s like a financial green light, signaling to lenders that you’re a safe bet. Remember, it’s all about showing you’ve got the steady cash flow to keep up with those mortgage payments!