Hello,
Just wondering if there are any lenders that would consider the income of an applicant who has just started a new job and what is the earliest they would consider this? I've been in my FT job for 4.5 years and my husband is currently looking for a new job - it will be either part-time or casual. He is still getting a small amount of rental income from our IP. My income is over two-thirds of the total, if that makes a difference. I can pay the loan on my own income as we mainly saved his income but I don't think I'd meet serviceability with just my income. We'd like to refinance our PPOR loan as the rate is really bad (Adelaide Bank).
Thanks
Just wondering if there are any lenders that would consider the income of an applicant who has just started a new job and what is the earliest they would consider this? I've been in my FT job for 4.5 years and my husband is currently looking for a new job - it will be either part-time or casual. He is still getting a small amount of rental income from our IP. My income is over two-thirds of the total, if that makes a difference. I can pay the loan on my own income as we mainly saved his income but I don't think I'd meet serviceability with just my income. We'd like to refinance our PPOR loan as the rate is really bad (Adelaide Bank).
Thanks