Re: How is changing my job going to affect how banks see my application?
Posted: Fri Mar 22, 2019 1:18 pm
Hello Reef. Welcome to the forums.
Most banks are reluctant to approve your home loan application if you’ve been in your job for less than six months. However, there are lenders who allow you to borrow up to 95% of the property value even if you’ve recently started at a new job as long as you meet all other standard bank criteria.
These lenders understand that tech jobs are in high demand and that it's common for tech professional to actively change jobs to seek a higher salary or to receive better working conditions.
Speak with one of our specialist mortgage brokers by calling us on 1300 889 743 or fill in our free assessment form to find out which lenders can help you.
Cheers,
Most banks are reluctant to approve your home loan application if you’ve been in your job for less than six months. However, there are lenders who allow you to borrow up to 95% of the property value even if you’ve recently started at a new job as long as you meet all other standard bank criteria.
These lenders understand that tech jobs are in high demand and that it's common for tech professional to actively change jobs to seek a higher salary or to receive better working conditions.
Speak with one of our specialist mortgage brokers by calling us on 1300 889 743 or fill in our free assessment form to find out which lenders can help you.
Cheers,