Hi,
I have got a pre-approval for a loan for my own income, however want to get a loan with my partner as we are looking at buying a house potentially $100k above my pre-approval amount.
Unfortunately the lender we went with will not consider his income as I advised he was a "casual" and had only been working for about 8-9 months there. They said he had to be in the job for at least 12 months.
He is actually working through an agency in state government and they are looking to hire him directly for at least another 12 months and are currently sorting out his contract. He has been employed on a full time basis by his state gov department pretty much since he started there. Would any lender consider his income based on this? He could probably get a letter from his employer that states this. Would the lender advise that he needs to be employed directly through state gov for another 12 months? He previously worked interstate in state gov for a year prior to that.
Thanks!
I have got a pre-approval for a loan for my own income, however want to get a loan with my partner as we are looking at buying a house potentially $100k above my pre-approval amount.
Unfortunately the lender we went with will not consider his income as I advised he was a "casual" and had only been working for about 8-9 months there. They said he had to be in the job for at least 12 months.
He is actually working through an agency in state government and they are looking to hire him directly for at least another 12 months and are currently sorting out his contract. He has been employed on a full time basis by his state gov department pretty much since he started there. Would any lender consider his income based on this? He could probably get a letter from his employer that states this. Would the lender advise that he needs to be employed directly through state gov for another 12 months? He previously worked interstate in state gov for a year prior to that.
Thanks!