(no subject)
Hmmm... finance not looking too good.
The brokers exact words were "Bloody woman lenders, I dont know why she wont approve it".
Apparently the numbers are all good, but she just has a tingling in her ovaries that tells her not to go ahead with it. What a sound basis on which to do business...
Admittedly, I do fit into every high-risk box that mortgage lenders can think of: Single, Self-Employed, low deposit, poor income last year.
The fact is that the repayments are only $20 more each week than the rent Im currently paying, and I have a huge boost in sales already this year which means last years income was an anomaly. Still, there's that gut feeling of hers which of course trumps all that. And she's never even met me.
So I took out a few grand more in wages and put it toward my deposit, which drops me into a lower risk category. The application has been re-submitted and I'll find out tomorrow. Worst case scenario, I'll keep saving and try again next year. And at least James moved out already....
The brokers exact words were "Bloody woman lenders, I dont know why she wont approve it".
Apparently the numbers are all good, but she just has a tingling in her ovaries that tells her not to go ahead with it. What a sound basis on which to do business...
Admittedly, I do fit into every high-risk box that mortgage lenders can think of: Single, Self-Employed, low deposit, poor income last year.
The fact is that the repayments are only $20 more each week than the rent Im currently paying, and I have a huge boost in sales already this year which means last years income was an anomaly. Still, there's that gut feeling of hers which of course trumps all that. And she's never even met me.
So I took out a few grand more in wages and put it toward my deposit, which drops me into a lower risk category. The application has been re-submitted and I'll find out tomorrow. Worst case scenario, I'll keep saving and try again next year. And at least James moved out already....