YES contract workers can on many occasions get home loans approved! Each type of contract worker is treated differently by the banks.
Ask a Trusted Mortgage Broker how these contractors can get a home loan approved:
- IT Contractors or IT Consultants
- PAYG Contractors
- Self Employed Contractors
- Construction Contractors
- Freelancers & Journalists
- Subcontractors
Contractors are typically treated like casual employees by the banks. They are considered to be in a very unstable employment arrangement with a high chance of having their contract cancelled, even if they are employed through a major contractor management company.
The secret to getting a home loan while working as a contractor is to apply with the right bank!
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- Ask A Trusted Mortgage Broker
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