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Glenn

10 months ago

Hi Nicole, I hope you're well and had a great weekend? Thank you for your questions and what I suggest is to get in touch through my profile link so we can discuss your options in more detail and also to get more accurate answers and figures I can provide you with a fact find to complete, so I can provide you with answers to all of your questions instead of estimating or approximating. I have access to over 40 lenders and they all have different lending policies and borrowing capacities depending on your unique financial situation. I look forward to hearing from you and if not, good luck on your journey? Kindest Regards. Glenn Rowan

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kelvin

10 months ago

Hi Niko - There are a few policy questions to answer around length of employment. Also, you have not indicated if you are a first home owner (no stamp duty for purchase < $650k)and how much deposit you have. So some lenders do allow approvals from 3 months work and checking their loan calculators you can borrow $621k approx . NOTE - $80k and $33,176k incomes + family of 2 kids and no other loans or credit cards. DEPOSIT required min 5% genuine savings and most lenders allow purchase for owner occupied to 95% + 2% costs.

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Peter

10 months ago

Hi Nicole, There are certain lenders they will consider short term employment even from as little as 1 day as long as its permanent full-time or permanent part-time and not casual employment regardless of how many hours worked. There are many factors though on top of the information you have provided though that will determine what you can borrow so we would really need more information around your current position but more than happy to chat and assist in confirming how much you can borrow. Most lenders lend different amounts to one another but also have varying policies around short term employment, probation etc. Cheers Peter

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