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AH1
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I want to reduce my work hours to 32 hrs a week worried how this may impact loan approvals

Posted by AH1 AH1
Message 1 of 2 93 Views

I want to reduce my work hours to 32 hours per.week - however I am concerned it may impact approval for loans in the future. What is the banks cut off for classifying a person as full time worker?

 

What is the minimum yearly wage required for home loans up to 400K usually?

 

Kind Regards

 

 

Amanda 

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Re: I want to reduce my work hours to 32 hrs a week worried how this may impact loan approvals

Posted by MegB MegB
Message 2 of 2 92 Views

Hey @AH1 we can definitely look into this for you! The best people to speak with regarding this will be our Home Loan Lenders. They can be contacted on 13 17 19 between: Monday to Friday 7am-6pm (AWST) - Saturday 8am-4pm (AWST).
If you prefer to speak with someone in person, you're welcome to pop into a branch. You can find your closest branch and their opening hours HERE
I'd recommend making an appointment just to make sure we have someone available to chat ^Meg

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