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Special situations

Can I get a personal loan while on maternity leave?

Short answer

Yes, if you're returning to the same job. Submit the employer letter confirming your return date and pre-leave salary; lenders treat that as continuous employment. Paid leave income (if FMLA is paid through your employer or short-term disability) also counts. Unpaid leave with no confirmed return triggers most declines.

Context

Federal Regulation B prohibits discrimination against borrowers on parental leave. Lenders may not deny a loan because the applicant is currently on FMLA, maternity, or paternity leave, provided the employment situation will return to normal. The standard documentation is a letter from the employer confirming the leave dates, the return date, and the pre-leave salary, plus the most recent paystubs from before leave began.

If the leave is paid (through accrued PTO, employer-paid maternity, or short-term disability insurance), the paid portion counts as current income on the application. Unpaid FMLA leave is the harder case: lenders typically require the return-date letter as the bridge between current zero income and future restored income, and they may underwrite to the post-leave salary as the qualifying figure.

Applications during leave for parents who do not intend to return to the same employer face the same underwriting as anyone between jobs: limited approval options, usually requiring co-signers or secured collateral.

Editorial
Reviewed by
Compliance Review
Last reviewed
June 15, 2026
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