Loan Scenario 4


Sam and Karen are siblings. They are planning to purchase a house to live in together. Karen is in transition from 1 job to another. The new job is a short term contractor role with ACT government.


We sourced a bank can accept contractor income as long as we can show Karen’s previous employment history are continuous, and demonstrated she’s able to extend her contract at the end of the term. Bank will accept her new job and new pay. We only provided the very first payslip of Karen’s to apply for the loan.