sillyaboutmo
Registered User
- Messages
- 94
Hi all,
In March this year we approached BOI for mortgage advise. Our stats are as follows
Married with 2 children
single income of 30K+
overtime of 5K guaranteed.
have no debts whatsoever.
save 350pm
pay 563 rent pm thats is dd'd from ac every wk.
Have 14K in savings 12 of which was gifted.
At the time we were looking for a mortgage of 120k and the advisor said it would be tight on 1 income but possible.
She advised us to Show a savings record. we have dd set up weekly of 80
she also said that if my wife got a job, just a few hrs, that it would help with application.
She did get a job 20hrs a wk but sadly was made redundant, she only had 12wks work and then she fell ill and the company ceased trading while she was sick. she is currently on disability.
Anyway the 6months is up and we are due to return to the bank to get a mortgage. What do think are the chances we will be approved.
We have started looking at properties under 100k and we would be willing to ask for less.
what in your opinion will we get?
Thanks in advance
Mo
In March this year we approached BOI for mortgage advise. Our stats are as follows
Married with 2 children
single income of 30K+
overtime of 5K guaranteed.
have no debts whatsoever.
save 350pm
pay 563 rent pm thats is dd'd from ac every wk.
Have 14K in savings 12 of which was gifted.
At the time we were looking for a mortgage of 120k and the advisor said it would be tight on 1 income but possible.
She advised us to Show a savings record. we have dd set up weekly of 80
she also said that if my wife got a job, just a few hrs, that it would help with application.
She did get a job 20hrs a wk but sadly was made redundant, she only had 12wks work and then she fell ill and the company ceased trading while she was sick. she is currently on disability.
Anyway the 6months is up and we are due to return to the bank to get a mortgage. What do think are the chances we will be approved.
We have started looking at properties under 100k and we would be willing to ask for less.
what in your opinion will we get?
Thanks in advance
Mo