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Basic mortgage question

the corpo · 2009-08-10 09:28:14

If you've started a new job, and still are on probation, are you inelegible for a mortgage til that probation period is up, or will a good credit history suffice these days??

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10-08-2009 10:28am

#1

the corpo

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If you've started a new job, and still are on probation, are you inelegible for a mortgage til that probation period is up, or will a good credit history suffice these days??

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#2 10-08-2009 12:09pm
homer911

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Very unlikely a bank would be intertested, unless you are on a high salary wirth great prospects. Money in the bank and a track record of savings would be equally valuable

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#3 10-08-2009 9:28pm
BankMan

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If you're on probation, it's highly unlikely a lender will be eager to do business with you. Sorry !

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#4 10-08-2009 11:28pm
Show_me_Safety

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however, saying that, you could get approval in principal with the condition of passing probabtion and being made permanent.

but...some banks want 3+ continuous employment.

soooo, best thing to do is ring and find out!!!

best of luck

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