B buckfast Registered User Messages 47 28 Jan 2009 #1 Just looking for the opinions of others on my chances of getting a 92% mortgage for a 3 bed semi on market for 160k. Salary of 33k, engineer(not employed in construction), mid 20's first time buyer, sole applicant. Credit union repayments of approx 300/month. I'd plan on going for a variable rate for a 35 year term. What do you think my chances are based on the info provided? Thanks Last edited: 28 Jan 2009
Just looking for the opinions of others on my chances of getting a 92% mortgage for a 3 bed semi on market for 160k. Salary of 33k, engineer(not employed in construction), mid 20's first time buyer, sole applicant. Credit union repayments of approx 300/month. I'd plan on going for a variable rate for a 35 year term. What do you think my chances are based on the info provided? Thanks
L legal33 Registered User Messages 107 28 Jan 2009 #2 Go to banks website and tap in the figures for online application. Some base it on your net take home pay rather than your salary. I think banks are lending a little more than before christmas anyway
Go to banks website and tap in the figures for online application. Some base it on your net take home pay rather than your salary. I think banks are lending a little more than before christmas anyway