Search found 3 matches

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Fri Sep 27, 2019 8:15 pm
Forum: Home Loan Forum
Topic: Is the income from my new job accepted?
Replies: 5
Views: 68158

Re: Is the income from my new job accepted?

I just used the LMI calculator, and there are many lenders that are offering good premium amounts and also capitalise LMI. What does capitalise LMI mean?
by
Fri Sep 27, 2019 7:36 pm
Forum: Home Loan Forum
Topic: Is the income from my new job accepted?
Replies: 5
Views: 68158

Re: Is the income from my new job accepted?

Great, thanks for the info. Borrowing 95%? Is there any catch to this?
by
Fri Sep 27, 2019 7:12 pm
Forum: Home Loan Forum
Topic: Is the income from my new job accepted?
Replies: 5
Views: 68158

Is the income from my new job accepted?

The company I am working for is moving to another state. Unfortunately, I could not move with the company due to a family obligation. I had to quit my full-time job as a sales rep and I am on probation on a new job. I was already thinking of buying a home and I have money saved up. Will the lender accept income from my new job when applying for a loan?