Browse Forums Home Finance 1 Jul 20, 2021 2:09 pm Partner and I are keen to buy our own place. They are full time employed with a reasonable income, I'm a PhD student and receive a tax free stipend. I had just assumed that because my stipend is paid fortnightly over several years, similarly to wages, it would be considered as such, but seemingly not. Does anyone know of any lenders that will consider stipend income? Re: Lenders and PhD income 2Jul 20, 2021 6:29 pm Hi, the consideration is taking out a 30 year loan, with income they know will cease in a number of years - or less. Of course, one presumes you would not not pickup paid employment but they can't enforce it. I believe CBA are good with this income but haven't tried it myself ![]() Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building I recently went through a similar renovation and move scenario when updating our family home. We also swapped some rooms around and tackled a major… 2 12229 Looking to tile the facade pillars rather than rendering. Builder is quoting 2500$ laying cost for upto 10msq. The 2 pillars come to be 16msq. So laying costs are 5000$… 0 8918 |