Search found 3 matches

by Simone
Mon Oct 21, 2019 8:54 pm
Forum: Home Loan Forum
Topic: How do lenders view seasonal income?
Replies: 5
Views: 30886

Re: How do lenders view seasonal income?

Okay, got it. Apart from the 10% deposit, how much funds will I need to contribute from my end?
by Simone
Mon Oct 21, 2019 4:20 pm
Forum: Home Loan Forum
Topic: How do lenders view seasonal income?
Replies: 5
Views: 30886

Re: How do lenders view seasonal income?

Yes, I’ve been working for the same tour company for the last 3 years. Last year, my total income was around $55k (35k seasonal and $20k extra work). I can choose to pick up extra hours during peak season. I have a couple of credit cards with a $2,000 limit and no other debts. How much am I able to ...
by Simone
Mon Oct 21, 2019 11:12 am
Forum: Home Loan Forum
Topic: How do lenders view seasonal income?
Replies: 5
Views: 30886

How do lenders view seasonal income?

Hi, I work as a tour guide for a tour company seasonally and pick up bar and restaurant work during the offseason in Alice Springs, NT. I want to buy my first property (owner-occupied) which has a purchase price of $380k. I have around 50k saved up already and can save more if needed. Just wondering...