In job <6 months in new industry

Discussion in 'Loans & Mortgage Brokers' started by goodtimes, 10th Mar, 2017.

Join Australia's most dynamic and respected property investment community
Tags:
  1. goodtimes

    goodtimes Well-Known Member

    Joined:
    30th Apr, 2016
    Posts:
    56
    Location:
    Nsw
    can I get finance >80%LVR if I have been employed less than 6 months in a new industry?

    Thanks
     
  2. Indifference

    Indifference Well-Known Member

    Joined:
    30th Jul, 2015
    Posts:
    977
    Location:
    Banana Republic
    Why would you think you can't?
     
  3. Syd Investor

    Syd Investor Active Member

    Joined:
    19th Jun, 2015
    Posts:
    30
    Location:
    Sydney
    Yes. CBA or NAB will most likely do this
     
  4. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,685
    Location:
    Perth WA + Buderim Qld
    Yes definitely.
     
  5. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    3,980
    Location:
    Canberra, Brisbane and Sunshine Coast
    Yes it's possible - any decent finance person should be able to assist.

    Cheers

    Jamie
     
  6. albanga

    albanga Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,701
    Location:
    Melbourne
    The most important question that needs to be answered is under what capacity? FT, PT easy. Temp and Casual, very different storey.
     
    flyhere likes this.
  7. goodtimes

    goodtimes Well-Known Member

    Joined:
    30th Apr, 2016
    Posts:
    56
    Location:
    Nsw
    Thanks for the replies. My broker had indicated otherwise, with Westpac at least.