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  • Profile photo of mercury_snmercury_sn
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    @mercury_sn
    Join Date: 2007
    Post Count: 2
    Terryw wrote:
    AS long as you are in the same industry, like the same job with a different employer, it is not much of a problem as long as you are a permanent employee. If you are on a short contract, they will start to worry, and if you are on probation they will worry even more.

    If the lender "worry" about my situation, would they just not lend me any money at all, or would they reduce the maximum amount I can borrow. Because I did a pre-approval a month or two ago and the maximum I can borrow is $380K, and I do not intend to borrow that much (maybe $300K).

    And would it help if I be upfront and explain to the lender that this is not the normal contract employment and it has the same job security as a normal permanent position, or just try to avoid the issue until it is brought up?

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