hi guys,
we have application in for loan approval from boi, applicant one 36k a year, applicant two 9900k a year, we have no loans/credit cards, have 20000k lump sum in one account and have been saving 600 per month for last 7 months into save to borrow account, thats on top of our 800 per month rent were paying for last 4 years(proof provided)
thing is the NDI, we have a 3 year old atm, and another one on the way(which bank dont know about yet!!, thou may start getting obvious soon, am 4 months now!)
do you think we should be honest about it, were looking to borrow approx 155k, which would be 760 per month on 2 year fixed rate, on paper we can afford it but by their NDI calculations, not sure they would agree, anyone any opinions?
greatly appreciate your advice
we have application in for loan approval from boi, applicant one 36k a year, applicant two 9900k a year, we have no loans/credit cards, have 20000k lump sum in one account and have been saving 600 per month for last 7 months into save to borrow account, thats on top of our 800 per month rent were paying for last 4 years(proof provided)
thing is the NDI, we have a 3 year old atm, and another one on the way(which bank dont know about yet!!, thou may start getting obvious soon, am 4 months now!)
do you think we should be honest about it, were looking to borrow approx 155k, which would be 760 per month on 2 year fixed rate, on paper we can afford it but by their NDI calculations, not sure they would agree, anyone any opinions?
greatly appreciate your advice