A second job is usually classified as an additional income when qualifying a client for a mortgage. Time on the job is the key factor.
Can we combine a normal wages job and rideshare income to apply for a mortgage?
Yes, both of these incomes can be combined and then apply for a mortgage. In regards to rideshare income, you generally have to be a rideshare driver for a minimum of 6 …
How many years do you have to be self-employed to get a mortgage?
Generally you have to be self employed for a minimum of 6-months but banks often will require 2-years before they can approve a mortgage. There are exceptions and it often …
How do self employed get a mortgage?
Like anyone else, someone that is self employed can get a mortgage. They will need to have been self employed for a while, and typically this means being able to …
Can a Uber driver get a mortgage?
Yes, drivers for Uber and other rideshare options can get mortgages if they can prove their income. The key here is to prove your income in a way that is …
Can a rideshare driver get a mortgage?
Yes, rideshare drivers can get mortgages but as with any finance application you need to be able to ‘prove’ your income. As a mortgage adviser that also does drive for …
Are there any forums for first home buyers?
One of the best forums is the Kiwi First Home Buyers Group on Facebook. You can join and ask your questions or view the questions that others have asked. People …