View other questions

Are banks still leanding money for home loans?? Is it stricter now???

Answered 1 year ago

If refinancing do u still have to prove income???
And does Job Seeker count??


Have an answer?

We have held the answer in moderation, and will make it available shortly.
2000 characters left.

Answers

An unexpected error has occurred, please try again shortly.
ANSWER
1 year ago
I had a meeting with my bank a few weeks ago, they are still lending at a very low rate but deposit amounts have been raised and proof of genuine savings need to be shown as will as proof of income

ANSWER
1 year ago
Yes it's more difficult to get a loan now due to the most recent royal commission and yes of course you have to prove your income to refinance.

Replies

REPLY
1 year ago
Thanks

ANSWER
1 year ago
We are on the middle of a refinance at the moment. Had to prove income. Provide bank account statements and have letters from our employers. It's wasn't too bad but we have a loan we can set I've very easily. It was a quick and simple process

Replies

REPLY
1 year ago
* loan we can service very easily

REPLY
1 year ago
Thanks for your reply.

ANSWER
1 year ago
Bump