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Maternity leave approaching but looking to buy a property?

Maternity leave approaching but looking to buy a property?

maternity leave home loanIf you are currently on maternity leave or will be soon, it can be a difficult time to try to purchase a property.

Unfortunately, many lenders will not consider your return to work income, unless certain criteria is met.

Some lenders will consider your return to work pay only at a certain point in your maternity leave, and many will need to see how you will be able to make repayments whilst you are off work.

It can be a tricky area to navigate, with each lender having a different policy, and some even unable to provide a straight answer.

If you are looking to purchase a property sooner rather than later, or have signed a purchase contract prior to expanding your family, we can assist you with providing options, so that you have a realistic idea of where you stand.

To get things in order so you can continue your property hunt with confidence contact Bee Finance Savvy on 1300 140 554 or enquiries@beefinancesavvy.com.au

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