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employed as "casual" but do full time hours

Discussion in 'Property Finance' started by Elives, 14th Aug, 2015.

  1. Elives

    Elives Well-Known Member

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    If your employed as casual but do full time hours. so you don't get paid holidays etc.

    Will the bank be happy after 3 months of employment for you to get a loan?

    or is there more to it because your employed as a casual?
     
  2. Redom

    Redom Mortgage Broker Business Member

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  3. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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  4. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

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  5. Elives

    Elives Well-Known Member

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    im with cba and would want to get a equity release at the 3 month period with my next employer, would this be possible with my above scenario?
     
  6. Shahin_Afarin

    Shahin_Afarin Residential and Commercial Broker Business Member

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  7. Elives

    Elives Well-Known Member

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    the equity release would be up to 80%
     
  8. Redwing

    Redwing Well-Known Member

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    As a casual you would be on a higher hourly rate also?
     
  9. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

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  10. The Y-man

    The Y-man Moderator Staff Member

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    Not usually. A contractor yes, but usually not long term casuals. You do get super though, and covered by workcover etc.

    The Y-man
     
  11. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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