Question for finance brokers, lending staff etc.
Q: How will the bank likely treat the following situation?
We are a couple with a 50-60k deposit. I have a secure, permanent full time job and earn 60-70k. My gf works full time hours and earns around 50k a year, however her job is technically casual. I am worried that due to the nature of her employment the bank will only really take my income into account. I've been encouraging her to get a permanent job for some time. I also have an IP which is slightly cash negative.
Realistically we'd need to borrow around $450k. Is this possible? Would my gf need to get a full time job or would we just need a bigger deposit?
Thanks
Q: How will the bank likely treat the following situation?
We are a couple with a 50-60k deposit. I have a secure, permanent full time job and earn 60-70k. My gf works full time hours and earns around 50k a year, however her job is technically casual. I am worried that due to the nature of her employment the bank will only really take my income into account. I've been encouraging her to get a permanent job for some time. I also have an IP which is slightly cash negative.
Realistically we'd need to borrow around $450k. Is this possible? Would my gf need to get a full time job or would we just need a bigger deposit?
Thanks