Browse Forums Home Finance Re: Employment history and loan application 3Jan 26, 2016 8:50 pm Rebecca Jarrett-Dalton Property crazy expert mortgage broker, love building new homes! Two Red Shoes mortgage broker http://www.tworedshoes.com.au/building Re: Employment history and loan application 4Jan 27, 2016 10:44 am Naritas Finance w: https://www.naritas.com.au l: https://www.facebook.com/naritasfinance t: https://www.twitter.com/naritas Re: Employment history and loan application 6Jan 28, 2016 6:29 pm ss2211 Just wondering if there is minimum employment tenure in the same company that lenders look for in a loan application? Background behind my question is that I've put a deposit down for a block of land due to register around the middle of this year. I'm thinking of changing jobs meaning that with the new job I'll only have a few months of tenure when I go to do the application. Is this something that can cost the approval? It all depends on what the mitigating circumstances are. If you are moving within the same industry and you have moved to a higher paying role, even with probation it might be doable. Otherwise 3 months at your new role is the norm with a lot of lenders. Cheers Tom The biggest challenge will be if you take out a loan and then run out of money - you'll have an incomplete security and lenders do not like this so you can get stuck.… 2 18896 Thanks for the response! However, it's have been sorted. But for others benefit here is what we had to do. Unfortunately, it's not straightforward. BCC washed their hands… 3 7184 Hi, you've probably already resolved this, however, Commbank will probably pay the funds to you after you send evidence the work is done regardless the change in the quotes. 1 35191 |