All Topics / Finance / Sharing PPOR. Effect on borrowing capacity

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  • Profile photo of MarkyMarkMarkyMark
    Member
    @markymark
    Join Date: 2003
    Post Count: 132
    August 3, 2004 - 11:08 am

    Hi all,
    If I rented out a room or rooms in my PPOR how would the bank treat that income when applying for finance?

    Thanks,

    MarkyMark

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    August 3, 2004 - 9:07 pm

    Tey wont accept it in the case of a Fulldoc unless you have full leases in place.

    Cheers,

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Viewing 2 posts - 1 through 2 (of 2 total)

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