chris96

Hi, Just wondering from experiances how long does it take to get a morgage from when you start full time employment I have a "nice" deposit, what else do they base their decision on?
Also what would the repayments be for around $160,000?

Thanks all
Chris96.

Wendy

Hi, I've just had a visit from a mortgage broker, he was really helpful. Here's their website http://www.mortgagechoice.com.au/

They are worth talking to and someone will visit you at home and go through everything with you.

One of the application fee's I've got ask for 3 months of wage slips.

Hope that helps

micmay3_in_oz

OH got a mortgage more or less straight away. He'd only been in the country for about five weeks. He just had to show a copy of his employment contract and having a deposit he got a mortgage no bother. I think the lenders look at how much you want to borrow offset by the amount of deposit.

Mx

Ian & Sharon

Got a smallish one the 2nd day here, if your going to be living near Brisbane I'll give you the contact details. She emailed me an idea of cost prior to getting here.

Ian

spottydog

I picked up my employment contract and walked in my Commonwealth branch and they agreed my requested mortgage in writing of just under 4 times my salary (with about the same in deposit and OH not employed) the next day.