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 Mortgage Loan Package Inquiries v2, Loan agents pls read the 1st post!

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Neodammerung
post Jun 2 2014, 07:56 PM

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Hi bankers. I would like to enquire if its possible to apply for a home loan based on my current situation. I have been employed with a government agency this past year and half, and have just left my job at the end of may and I'm starting at a new private company from 2nd june onwards. I have my latest 3 months salary slip from previous employment as well as Offer Letter from new/current employer. Will that be enough for me to apply for a home loan? Ofcourse, I also have supporting documents EA forms etc.

I was told by a banker friend that the bank requires three months latest salary slip from current employer therefor I wont be able to apply for a loan now. Any truth to this?

Also, Im only interested in applying for a 50% loan as the other 50% will be paid as downpayment.

thanks!

 

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