Re: Which bank will accept new employees for a home loan?
Posted: Mon Jun 25, 2018 4:49 pm
Hi blimey. Welcome to the forums.
Even if you've only changed jobs recently you can still qualify for a new job home loan with one of our lenders and borrow up to 95% of the value of the property that you are buying.
Most lenders require you to have six months in your current role as an exception 12 months in current role lending policy.
However, in your case, there are lenders that will consider the fact that you have more 12 months in the same line of work, even if there was a gap in your working history here or there.
The downside is that the choice of lenders will be limited, so you may not get the absolute best deal available.
Also, you must have a clear credit history, have a minimum of 5% in genuine savings and meet all other standard approval criteria to qualify.
We have specialist mortgage brokers that are experts in short term employment and probation.
Please give us a call on 1300 889 743 and ask one of our mortgage brokers will help you to get your mortgage approved!
Cheers,
Even if you've only changed jobs recently you can still qualify for a new job home loan with one of our lenders and borrow up to 95% of the value of the property that you are buying.
Most lenders require you to have six months in your current role as an exception 12 months in current role lending policy.
However, in your case, there are lenders that will consider the fact that you have more 12 months in the same line of work, even if there was a gap in your working history here or there.
The downside is that the choice of lenders will be limited, so you may not get the absolute best deal available.
Also, you must have a clear credit history, have a minimum of 5% in genuine savings and meet all other standard approval criteria to qualify.
We have specialist mortgage brokers that are experts in short term employment and probation.
Please give us a call on 1300 889 743 and ask one of our mortgage brokers will help you to get your mortgage approved!
Cheers,