The possibility of getting joint mortgage with temporary employment

[akiv89]

Hi all!My husband and I are planning to apply for a mortgage.He is in permanent full-time employment, I'm in temporary (contract) full-time employment.How will my being in temporary employment influence the calculation of the maximum amount that can be lend to us by a bank?
Thank you very much!

 

[ryaner]

If it is temp with no possibility of going permanent, they'll likely exclude the income completely.

 

[akiv89]

Well, there is a possibility of going permanent full-time according to our HR dept, but at the moment my contract states that I am "part time (casual "as and when required")" employee. I am working 5 months for this employer, 39 hours a week.

 

[casey]

If you have steady income stream for 6+ month coming from the same employer to your current account I don't see how a bank might figure out you are temp. I think most banks which are currently lending ask for a 6 months statement of your current account during mortgage application.

 

[Berni]

If you have steady income stream for 6+ month coming from the same employer to your current account I don't see how a bank might figure out you are temp.

They also ask you to have a salary cert filled out by your employer, which will ask your status.